Homeownership Rate Improves for Second Time in 2017

The homeownership rate improved to 63.9 percent in the third quarter—the second time it has inched up this year, slightly topping 63.7 percent in the second quarter and 63.5 percent this time last year, according to the U.S. Census Bureau’s recent Quarterly Housing Vacancies and Homeownership report. Another second-time win? The gap between the owner […]

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Beyond the Bottom? Homeownership Rate Creeps Back Up

The homeownership rate crept up close to a full percentage point from one year ago to 63.7 percent in the second quarter, encouraged by more owner household formation, according to the U.S. Census Bureau’s recent Quarterly Housing Vacancies and Homeownership report. The owner household formation rate overtook the renter household formation rate in the first […]

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Hispanics to Begin Bridging Gap in Homeownership Rate

The Hispanic homeownership rate is trailing behind the white homeownership rate, at 26 percent below the white homeownership rate in 2015—a catch-up, though gradual, from 29 percent in 1995. Hispanics could, however, make strides to bridge the gap in the future, according to a recent Insight from Freddie Mac. The Insight determines the disparity between […]

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Is There Hope for the Homeownership Rate?

The homeownership rate clung to 63.6 percent in the first quarter of 2017, virtually unchanged from 63.7 percent the quarter prior and 63.5 percent the year prior, according to the U.S. Census Bureau’s recent Quarterly Housing Vacancies and Homeownership report. Will it ever budge? The answer, potentially, lies in a different statistic. An analysis of […]

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Hispanic Homeownership Rate Rises for Second Straight Year

Momentum Could Be Cut Short If Trump Carries Out Mass Deportation, Wall Hispanics are an overriding force in homeownership, flouting national figures as they establish owner households at a rising rate for the second straight year. According to the National Association of Hispanic Real Estate Professionals’ (NAHREP) recently released 2016 State of Hispanic Homeownership Report, […]

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Hispanic Homeownership Rate Defies National Trend—Again

The rate of homeownership among Hispanics has again defied the national trend, growing for the second year in a row, according to the National Association of Hispanic Real Estate Professionals (NAHREP). Hispanics, in fact, represented the only ethnic demographic with a rising homeownership rate, at 46.0 percent in 2016, up from 45.6 percent in 2015. […]

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Black, Hispanic Neighborhoods Struggle to Regain Lost Ground

Homeowners in minority communities are struggling to regain ground lost in the crash, considerably more so than those in white communities, according to a recently released analysis by Zillow. In the third quarter of 2016, communities where the majority of residents are black held a 20 percent negative equity rate, while communities where the majority […]

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