Homeownership fell across all age groups in the first quarter of the year, but declines were greatest not among younger Americans under 35 who have been having problems getting financing and finding homes to buy but among middle aged households over 45, which traditionally register the highest homeownership rates but suddenly registered significant decreases.
Continue reading...Wednesday, April 3, 2013
Six years of crisis have changed forever the way Americans think about housing. It's good news for rental housing and not so good news for the home ownership industry, according to a massive new study conducted by Hart Research for the MacArthur Foundation.
Continue reading...Monday, March 4, 2013
The low prices that make foreclosures attractive to investors also make foreclosures toxic to communities and homeowners. The discount between "normal" priced homes and the prices paid for properties than have been through the foreclosure process can spell the difference between profit and loss to an investor at the same time that they drive real estate values into the ground.
Continue reading...Monday, February 25, 2013
Single family home tenants are 18 percent more likely than apartment tenants to stay in their current homes five years or longer, suggesting that demand for single family homes, the fastest growing rental category, will be more stable than multifamily demand, according to a new national opinion survey released today by Premier Property Management Group.
Continue reading...Monday, February 11, 2013
The rise in student loan debt is certainly a cause for concern, but may not be a significant a drag on young home buyers since the typical borrower has not seen a significant jump in the amount of debt incurred and seems to have a manageable monthly payment.
Continue reading...Friday, January 11, 2013
One of the hottest specialty markets in home construction is benefitting from the boom in single family rentals that began as a way for entrepreneurs to provide from the flood of foreclosures that has reached 4 million properties since 2007.
Continue reading...Thursday, December 20, 2012
Record housing starts, bolstered by multifamily construction, is a sign that demand may not keep up with capacity and strengthening homeownership will threatening the boom in multifamily construction, according to one of the nation's leading ratings services.
Continue reading...Thursday, November 29, 2012
Seventy-five years ago, when America was emerging from the Depression and homeownership was less affordable, one out of four Americans lived in homes with grandparents and adult siblings. Today's housing depression has again forced generations to move in together, but as the housing recovery takes hold, many plan to stay together and revive the multigenerational lifestyle of the past.
Continue reading...Friday, November 16, 2012
High lending standards that make it virtually impossible for millions of younger, single home buyers to get a mortgage are creating an older, more married and wealthier population of homeowners.
Continue reading...Monday, November 5, 2012
Just as the national homeownership rate showed signs of stabilizing over the past six months (See Has the Homeownership Rate Bottomed Out?), Fannie Mae's Multifamily Research Group predicted today that the rate would fall another one to two points by 2015 despite the fact that the company, along with Freddie Mac, owns the mortgages for about half the single family homes in the nation.
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Thursday, May 2, 2013
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