Items Tagged with 'renters'

ARTICLES

  • NAR: Renters say they want to own a home

    But not for the reasons you might think
    About 75% of current non-homeowners say they would like to own a home one day, and consider it as part of the American Dream. However, the reasons why they want to buy a home, or more specifically, one major reason that isn’t a factor in their decision, might come as a surprise.
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  • Renters take over nearly 25% of major U.S. cities

    Rentership growth outpacing homeownership in 97 of top 100 cities
    Over the past 10 years, the rental population increased dramatically, even outpacing homeownership growth in the majority of the top U.S. markets, however, a new study from RentCafé shows there’s still hope for the homeownership population.
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  • Rental population decreases for first time since 2004

    But rent prices surge in 2017
    After steadily climbing for the past 13 years, the population of renters decreased for the first time since 2004. Although the number of renters declined slightly in 2017, they continue to hold a significant claim on the market as renting now far outpaces ownership.
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  • Reforming the mortgage interest deduction: A chance for fairness for American taxpayers?

    Republican tax plan opens door to realign housing priorities
    [Expert Opinion] By doubling the personal exemption and proposing to halve the mortgage eligible for the deduction to $500,000, House Republican tax proposals have opened the door to a fundamental shift in the tax treatment of housing. This is a rare opportunity to realign federal tax support for housing to help all taxpayers – renters and owners.
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  • Rental listing service reports Baby Boomers leaving homeownership in droves

    Boomer renting population surges 28%
    Over the past few years, the largest spike in renters hasn’t come from Millennials, but rather, Baby Boomers. While it is unclear why Baby Boomers are suddenly turning to renting, some factors could include a change in lifestyle, consequences of the housing crash or an inability to downsize due to lack of affordable homes.
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  • Renters suddenly say now is great time to buy a home

    Less Americans expect to see home prices rise
    Renter’s shift to saying "now" is a good time to buy a home is a significant change from August, when Americans agreed it was the right time to sell, but not to buy. Not only did renters show a jump in confidence in the buyers’ market, but many Americans also think the days of rapidly increasing home prices may have reached an end.
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  • New bill could bring tax relief to renters struggling with affordability

    Bill from New York’s Joseph Crowley seeks to provide relief to “rent-burdened”
    A new bill introduced Monday by Rep. Joseph Crowley, D-New York, could bring relief to renters who find themselves struggling to afford their rent. Crowley’s bill, entitled “The Rent Relief Act,” would offer refundable tax credits to people who live in rental housing. Here are more details about the bill.
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  • From HW Magazine

    How to turn the lifestyle renter into a homeowner

    Lenders and Realtors can partner to educate and offer affordable mortgage solutions
    It’s generally agreed that the economy’s future health depends most of all on the behavior of the largest generation in American history: Millennials. Their consumption patterns have been eagerly analyzed by every business sector, but for many traditional industries, the resulting conclusions are not very comforting.
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