Posts Tagged ‘homeownership’
Homeownership Rate Remains Steady, With Regional Differences
The U.S. homeownership rate remains at a plateau, holding at 65.0% in the second quarter of this year, according to the latest data from the the Housing Vacancy Survey.The homeownership rate was unchanged from a year ago, and not statistically ...
Student debt and work around for homeownership
Why this matters: Student debt affects the long-term savings, mortgage debt-to-income ratio and confidence level for much of the next generations of first-time homebuyers. Understanding how to cultivate potential buyer clients from renters typi...
California’s low homeownership rate to continue
Why this matters: California’s homeownership rates, have stabilized at a moderate historic level following a return to fully regulated mortgage lending after the Great Recession. Now global disruptions, sticky asking prices and high FRM rates...
How Homeownership Fits Into Financial Independence
For many people, owning a home represents stability, comfort, and a place to build a life. But if your goal is financial independence – having enough income from investments or savings to live life on your terms – how does homeownersh...
The Hidden Costs of Homeownership Top $16,000 a Year
A new analysis from Zillow and Thumbtack shows that the hidden costs of owning a home now total $15,979 per year nationwide. Rising expenses for maintenance, insurance, and property taxes are climbing faster than household incomes, reshaping wh...
Homeownership Costs, Drop in Home Value Hit Black Households Hardest
Minority households are more likely to be cost-burdened, spending more than 30% of their income on mortgage, property taxes, and insurance. ...
