Homeownership Rate Ticks Up

At the height of real estate season, the homeownership rate ticked up. According to Census data, the homeownership rate has risen to 64.3 percent—a departure from the first quarter of 2018, when the homeownership rate was 64.2 percent, as well as the second quarter of 2017, when the rate was 63.7 percent. For the all-important […]

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The Biggest Homeownership Hurdles for Millennials

Millennials should be making a sizable stamp in homeownership, but they have been largely absent from the housing space. Why is it that the largest generation in U.S. history isn’t participating in real estate as heavily as its predecessors? There are many difficulties standing in their way, according to new research. A recent report by […]

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Harvard: Crawl in Incomes Led to Unaffordability

Over the course of the past 30 years, Americans’ earnings and the economy have been on parallel paths, but at mismatched strides. Now, homebuyers are paying for it. Affordability continues to be a headwind for housing, according to the Harvard University Joint Center for Housing Studies, which recently released The State of the Nation’s Housing, […]

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June Is National Homeownership Month

June is National Homeownership Month, and the industry is recognizing the importance of homeownership as a milestone of the American Dream. This year’s theme, set by the Department of Housing and Urban Development (HUD), is “Find Your Place.” HUD is one of many agencies that provide resources to help consumers obtain and sustain homeownership. Through […]

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Homeownership Rate Roadblocked

…And That’s Not a Bad Thing With distressingly low supply and unprecedented price surges, the homeownership rate is stalling: 64.2 percent in the first quarter of 2018, according to the government—no improvement quarter-over-quarter, and negligible progress year-over-year. Is the nonstarter worrying? In the first three months of 2017, the homeownership rate was 63.6 percent; in […]

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Homeownership Rate Makes Marginal Progress

2017 closed with the homeownership rate improving, but at a slight standstill: 64.2 percent, according to the U.S. Census Bureau’s Quarterly Housing Vacancies and Homeownership Report. The figure is marginal progress from the third quarter of the year, when the rate registered 63.9 percent. The rate was 63.7 percent at the end of 2016. One […]

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10 Housing Markets to Watch in the New Year

Dwindling inventory, high demand and even higher prices. Will the housing market shift next year? According to a 2018 Housing Forecast by Trulia, the answer is contingent on many wait-and-sees. Definitive, however, is at least one indicator: the homeownership rate. In a continuation of its movement this year, the homeownership rate is expected to gradually […]

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Housing in 2018: Where Are Home Values Headed?

Analysts are expecting even higher home prices in 2018 than originally projected, according to new research. Zillow’s 2017 Q4 Home Price Expectations Survey reveals experts are anticipating a 4.1 percent hike in the new year, up from the 3 percent they forecasted a year ago. Over 100 experts, including economists, participated in the survey. Their […]

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Homeownership rate modestly inches forward

Last year in the second quarter, the homeownership rate hit 62.9 percent, the lowest recorded since 1965 in a pattern of decline that began in 2005. As shown in the graph below, the homeownership rate has been creeping up since that time, though it remains an arms-length from the height of the boom when the rate topped 69 percent …

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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