Accessory Dwelling Units, known as ADUs, are small, independent units that are inside of, attached to, or detached from a primary residence, and a new report from the Joint Center for Housing Studies revealed they may have the potential to address housing-related challenges like affordability, equity, and environmental issues.
Read More »High Interest Rates Hindering Homebuyer Mobility
While the combination of high home prices and interest rates continues to price many potential buyers out of the market, homebuyer mobility has stalled as a result as well. Riordan Frost, Senior Research Analyst for the Joint Center for Housing Studies, reveals the latest predictions surrounding homeowner mobility and what it would take to recover.
Read More »Share of Millennial Renters Declining as Gen Z Fuels Demand
Outpacing millennials, Gen Zers are now driving renter households, according to a new analysis from the Joint Center for Housing Studies. As Gen Z rental demand heightens and older generations exit the rental market, experts predict the number of renter households Gen Z adds in the next 15 years will be an important pillar of housing demand.
Read More »Experts: U.S. Remains Unprepared to Provide Housing for Millions of Americans
The Joint Center for Housing Studies has released Housing America’s Older Adults 2023 report, revealing that the older population is surging, presenting imminent challenges to supply housing and care for millions of Americans in the coming years.
Read More »Migration, Immigration Fueled Population Growth in Past Years
While the national population growth rate plummeted during the pandemic, the latest State of the Nation’s Housing report from the Joint Center for Housing Studies revealed migration and immigration were the key source of growth in 2022, as domestic migration was the largest source of growth in 56% of the counties analyzed.
Read More »Residential Remodeling Activity to Get a Reboot Next Year?
While unwarranted repairs remain a hassle for many homeowners, annual spending for improvements and restorations to owner-occupied homes is expected to shift in the coming year, according to a new report from the Joint Center for Housing Studies. Here are the factors in play.
Read More »Study: Black Renters Struggled Most With Housing Payments During Pandemic
A new report from the Joint Center for Housing Studies revealed Black, Hispanic, and Asian households were far more likely than white households to fall behind on housing payments during the pandemic. Black renters were most vulnerable, with one in four reporting being behind on rent in 2020.
Read More »Home Values in Majority-White Neighborhoods Rising Faster Than Communities of Color
According to a new study from Harvard's Joint Center for Housing Studies, research highlighted how home values in majority-white neighborhoods have risen much faster than those in neighborhoods of color, as common trends in lower-income neighborhoods such as gentrification and displacement persist.
Read More »Experts Predict Home Improvement Spending to Decline by 2024
Harvard's Joint Center for Housing Studies released its Leading Indicator of Remodeling Activity report, which projects that year-over-year expenditures for homeowner improvements and repairs will experience a near 3% decline through Q1 2024.
Read More »How Digitalization Is Transforming Residential Real Estate
The number of investors using digitalization to buy newly available single-family homes is growing, as a new report from the Joint Center for Housing Studies shows how the use of data analytics is transforming how residential real estate is bought and sold.
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