#metropolitan-areas

#metropolitan-areas

Home prices in 85% of U.S. MSAs are currently overvalued, though the percentage has decreased slightly from the previous quarter.

Millennials in Raleigh-Cary, NC, and Charlotte, NC, show notable increases in homeownership rates and average incomes, leading the trend in home buying among different age groups.

Car thefts in the U.S. reached over one million in 2022, continuing a trend that began during the COVID-19 pandemic.

Italy's Global Peace Index ranking indicates that crime, especially in major cities like Milan, continues to be a significant concern despite overall safety.

American cities are crucial economic drivers, accounting for 90% of the U.S. GDP.

California has 15 out of the 25 most expensive metropolitan areas in the U.S., largely due to housing costs.

San Francisco is the most expensive metro area, with housing expenses dominating the high cost of living.

New York has the fifth highest inflation in the U.S. as of August 2024, trailing cities like Minneapolis and Chicago.

California has the highest concentration of the nation's costliest metropolitan areas, heavily influenced by housing costs.

The Central Valley's Hanford is the cheapest place in California but still ranks among the higher cost areas in the US.

Remote work remains significant post-pandemic, with 22.5 million Americans working primarily from home in 2023, about 13.8% of the workforce.

Remote work has significantly increased job accessibility in major metropolitan areas due to reduced commuter congestion.

Workers can access 54% of jobs within 30 minutes, an improvement of over 50% since 2019.

Remote work has led to an increase in long-distance work relationships in the Bay Area.