Redfin reports that the median U.S. asking rent in September was little changed from a year earlier for the sixth straight month, with a rise in the number of rentals making it harder for landlords to boost prices.
Read More »Homeownership Rate Claws Back Up, But Wait . . .
The U.S. homeownership rate in Q3 jumped back up from its 51-year low in Q2. But the housing market will have to overcome some headwinds if the homeownership rate is going to continue to rise.
Read More »What Happened to Housing Formation Estimates?
There was a lot of optimism surrounding household formation just two years ago. Things did not exactly pan out as hoped, however.
Read More »Homeownership for Hispanics on the Rise, Despite National Stall
Despite the mostly stagnant homeownership report, the number of Hispanic buyers entering the market has continued to grow over the last five years. The only homeownership rate to see a spike, Hispanics will likely be the primary driver of new homeowners for the next decade and beyond.
Read More »Millennial Household Formations Missing in the Housing Market
Research has shown that many millennials choose to live with their parents instead of establishing their own household. Is student debt and unemployment keeping them from buying a home?
Read More »What’s Causing the Slowdown in Household Formation?
The formation of new households in the U.S. were disappointing to say the least for the final quarter of 2015, but Capital Economics says that this news is no reason to panic.
Read More »Report: Millions of Potential Households Waiting Out Recovery
As the U.S. homeownership rate continues to dwell near its lowest level in two decades, a new study from Zillow suggests more than five million additional households are waiting in the wings to step into the market as the economic recovery trudges forward.
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