Posted on November 7, 2011 in
housing news with
no comments
The Clear Capital Market Report issued November 3 shows that on annual basis home prices nationwide have declined -2.8%. Even in regions where prices continue to go up the increase is narrowing. The rate of gain is well off the pace set over the summer months in the Midwest, Northeast and South. The weakest region [...]
Posted on September 28, 2011 in
housing news with
no comments
A Country Financial Survey of 2,264 American homeowners has revealed that 59% of those surveyed are questioning whether homeownership is the best financial move a family can make. The survey also indicates that if the homeowner lost a job, they could not continue to pay the mortgage for long. About 31% said they could hold [...]
Posted on July 20, 2011 in
economy,
housing news with
no comments
A July 1 survey for Money Management International (MMI), the largest nonprofit financial counseling organization in the country, asked: Is a home a good investment? What is the most important factor in determining whether to buy a home? How do you feel about renting vs. buying? Do you consider owning a home to be “The [...]
Posted on July 7, 2011 in
housing news with
no comments
A recent report by the National Association of Hispanic Real Estate Professionals finds that over the next 15 years the key to a healthy housing market will the sales to immigrants and minorities. Until the recent recession immigrant populations and particularly Hispanics, were poised to take the place of aging baby boomers as the major [...]
Posted on June 16, 2011 in
housing news with
no comments
Real estate investing news: We are rapidly becoming a nation of renters according to the U.S. Census Bureau. At the end of Q1 2011 the homeownership rate stood at 66.4%, the lowest rate since 1998. All of the gains made in home ownership during the housing boom have been completely wiped out. Capital Economics economist, [...]
An April 5 Wall Street Journal article maintains that the deflation of the housing bubble is contributing to the current rise in inflation. Shelter is 32% of the over all Consumer Price Index and 40% of the core part of the index once food and energy costs are eliminated. It is this core index that the Federal Reserve watches particularly closely when determining what to do with interest rates.
Posted on September 3, 2010 in
housing news with
1 comment
A new study by Trulia finds that the dream of owning a home is fading into the background for more and more Americans. The study reveals that one in four renters never plan on buying a home. Additionally 68% of the other renters believe that home ownership is at least two years away. Many of these people expressed that uncertainty about the economy is affecting when they will begin to look for a home to buy.
Posted on August 9, 2010 in
economy,
housing news with
no comments
The US Census Bureau second quarter housing report documents that home ownership is at the lowest level it has been since 1999. The rate of home ownership dropped to 66.9% in the second quarter from 67.1% in the first quarter and 67.4% in the second quarter of 2009.
Posted on June 14, 2010 in
economy,
housing news with
4 comments
A U.S. Census report indicates that homeownership has fallen to its lowest mark in 10 years, 67.2% of all households. Unemployment and the housing crisis are blamed for the reversals in home ownership.
Posted on June 4, 2010 in
economy with
9 comments
A new study by the American Apartment Association questions whether home ownership is, in fact, the ultimate American dream. Harris Interactive surveyed 2000 U.S. adults in a May study which concluded 76% of the Americans polled felt apartment living is more preferable to home ownership in the current real estate environment.