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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Housing Starts: Ground-Breaking in June Plummets

Home-building in June sharply slid, with overall starts toppling 12.3 percent, and single-family starts tumbling 9.1 percent, according to the Commerce Department. Housing starts totaled 1.17 million, with 304,000 multifamily (five or units or more) starts and 858,000 single-family starts. Additionally, approvals for builds fell 2.2 percent to 1.27 million permits; however, approvals for single-family […]

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Washington and Texas are the top destinations for millennial movers

Millennials are flocking to smaller cities in large numbers and abandoning major metropolises like New York and Los Angeles, according to a new study from SmartAsset, a tech-based financial education company.

Appreciation Linked to Population Rise

Appreciation and demand go hand in hand, and for investors, both are key to profit, according to a new report. Assessing the association between growing interest and mounting prices, analysts at HouseCanary found that appreciation is higher where inbound migration numbers are swelling. Boise, Idaho, for example, has had a high influx of new residents, […]

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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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New home sales up 4 percent in March, reversing recent declines

New home sales are finally on an upward path, after three months of month-over-month declines. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD)…

New home sales up 4% in March, reversing recent declines

New home sales are finally on an upward path, after three months of month-over-month declines. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD)…

Fascinating map shows how U.S. grew and moved over time

Benjamin Schmidt, an assistant professor of history at Northeastern University, created the database after stumbling upon Jacob Alperin-Sheriff’s work updating historical city populations on Wikipedia …

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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Big leap in new home sales for November

November panned out to be a month of considerable progress for the housing market, and the latest U.S. Census Bureau new residential sales report is another point on the scoreboard …