Items Tagged with 'Homeownership'

ARTICLES

  • Is the rent finally too damn high? Rent households fall again, homeownership holds steady

    Median asking rent continues climbing
    Is a combination of high rents and shifting demographics driving a move from renting to buying? The latest data from the Census Bureau shows that may be exactly what’s happening. On Thursday, the Census released its quarterly report on residential vacancies and homeownership. And the report had some good news and bad news, depending on which industry you’re in.
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  • Millennials will spend 45% of income on rent before age 30

    Most rent burdened generation
    As rent prices continue to rise, a new study shows Millennials are paying about 45% of their total income toward rent, and pay close to $100,000 toward rent before they turn 30. Here’s how that compares to the generations before them, and what it means for the next generation.
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  • From HW Magazine

    Arrested development: The long-term consequences of student debt on the housing economy

    High default rates could spell disaster for future homeownership
    As Millennials grapple with paying off student loans, their opportunity to buy a home gets pushed further and further into the future. That delay has consequences far beyond individual students — the growing student debt crisis impacts every part of the economy. 
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  • U.S. takes 4th place in renter population growth

    But only one country currently holds a renter-majority population
    The U.S. isn’t the only nation that’s seen an increase in renters and decrease in homeownership over a period of five years from 2010 to 2015. In fact, one country even saw a switch from a homeowner dominated population to a renter population during that time period.
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  • 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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  • How social enterprise is going to rebuild homeownership

    Nonprofits touch hundreds of thousands of potential first-time homebuyers
    Everyone from homebuilders to mortgage lenders and real estate professionals want to see the homeownership rate increase. These traditional pillars of the market are retooling their products and services and hoping for success. But another, often overlooked, player in the market is reconfiguring its business in order to put more wind in the sales of homeownership.
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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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  • Churchill Mortgage launches certified homebuyer program

    Enables borrowers to get ahead of other buyers
    “Churchill’s Certified Homebuyer Program was designed to help our borrowers get a head start on securing funding so they are positioned to present offers that are already pre-approved and pre-underwritten – increasing their odds of having their offer selected," Churchill Mortgage President Mike Hardwick said.
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