Sentences with phrase «high homeownership rates»

Because this generation tends to possess high homeownership rates while keeping about two - thirds of their wealth tied up in their home, reverse mortgages are proving very helpful to today's retiring baby boomers.

This alternative may be particularly attractive to the baby boomer generation who have high homeownership rates and have conserved their home equity (Poterba, Venti, and Wise 2011).

By 2012, the economy was recovering, but pundits were questioning the basic premise that high homeownership rates were good for the country.

Here's a strong dose of reality on why millennials might not be the housing market's prayer in the near future: The fastest - growing careers aren't necessarily those with traditionally high homeownership rates.

This alternative may be particularly attractive to the baby boomer generation who have high homeownership rates and have conserved their home equity (Poterba, Venti, and Wise 2011).

Because this generation tends to possess high homeownership rates while keeping about two - thirds of their wealth tied up in their home, reverse mortgages are proving very helpful to today's retiring baby boomers.

Other developed countries with no mortgage interest deduction have similar or higher homeownership rates.

This belief is borne out in a recent California State University study, which showed higher homeownership rates lead to higher high school graduation rates, lower crime rates, and reduced poverty rates.

American of Chinese ancestry have a higher homeownership rate for their income than white Americans, finds new research by real estate economist Gary Painter, Ph.D., of the USC Lusk Center for Real Estate.

It has a low teen birth rate, a high homeownership rate, a very good high school graduation rate, and high spending for the arts.

African Americans, Asian and Pacific Islander Americans, and Hispanics who are naturalized U.S. citizens have higher homeownership rates than their U.S. - born racial and ethnic counterparts, according to a new report from the U.S. Census Bureau.

Again, the Midwest held the highest homeownership rate at year - end, at 68.7 percent — a clear outcome, given its affordability relative to the rest of the U.S. (According to the National Association of REALTORS ®, in December, the median Midwest price was $ 191,400 — below the fourth quarter median national price recorded by the Census: $ 197,000.)

The Midwest held the highest homeownership rate in the first quarter, at 67.6 percent, while the West held the lowest at 59 percent, the Census report shows.

Non-Hispanic White Alone * homeowners, as defined by the Census, held the highest homeownership rate in the first quarter, as well: 71.8 percent.

Non-Hispanic white homeowners held the highest homeownership rate in the third quarter, as well, at 71.9 percent.

What's more: If a bachelor's degree leads to more income and higher homeownership rates, it stands to reason succeeding levels of education (e.g., graduate, doctorate) result in even more income and even higher homeownership rates.

«We found that jobs in the professions with higher homeownership rates (70 percent or more) are likely to see average growth (10 percent) or less.»

Real estate brokers, a profession that traditionally has had a high homeownership rate — more than 75 percent — should increase their ranks by 11 percent in 10 years.

Not exact matches

The rate of homeownership for Americans younger than 35 rose to 36 percent in the fourth quarter, a number that has not been higher since the beginning of 2014, according to census data.

Mortgage rates are moving higher at the same time that property values are on the rise, but that hasn't dented the homeownership rate in the country.

«The city has the second - highest cost of living index among the cities we analyzed, and the seventh - lowest homeownership rate, at just 40 %,» says Gonzales.

As a member of President Clinton's Cabinet, Secretary Cisneros was credited with initiating the revitalization of many of the nation's public housing developments and with formulating policies which contributed to achieving the nation's highest ever homeownership rate.

Why pay a higher rate when the average length of homeownership is 7 years and interest rates are in a structural decline?

Since reaching its low last year, however, the homeownership rate has steadily improved, ending at 63.9 percent in the second quarter of 2017, a three - year high.

Contrary to popular wisdom, four western European countries (as well as most of eastern Europe) have higher rates of homeownership than the UK: Greece, Ireland, Italy and Spain — hardly economies to copy.

Students who participated in the preschool project generally did better in life than students who did not: Preschool participants» lifetime earnings were 14 percent higher, and their rate of homeownership was 32 percent higher than that of nonparticipants.

«Today's near record low homeownership rate, combined with low inventory of rental property, have combined to push rental rates higher during the housing recovery,» he says.

The county's homeownership rate is about 10 % higher than Virginia's average even though homes in Loudoun are far more expensive, with a median value of $ 450,000.

ARMs can be an excellent choice of financing under certain conditions, such as rising income expectations, high interest rates, and short - term homeownership plans.

The affordability of Homeownership has been helped in recent years by low interest rates and the availability of high loan - to - value mortgages backed by mortgage insurance.

Conversely, higher mortgage rates may actually make homeownership easier for financially fit first - timers who are ready to buy.

When comparing homeowners with similar income levels in Los Angeles, the Chinese - American homeownership rate is 20 percent higher than whites; in San Francisco, 23 percent higher; and in New York, 18 percent greater.

Yet, with homeownership already falling to 68.2 percent in the third quarter of 2007 from the historic high of 69.2 percent in the second quarter of 2004 and the tightening of mortgage loan credit in response to excesses of subprime lending, it's unlikely that the homeownership rate will increase in the near future.

Overall, the 2002 homeownership rates for U.S. - born Americans (70 percent), naturalized citizens (68 percent), and non-citizens (35 percent) were near their highest levels since data was first collected on this topic in 1994.

During the president's last term, the U.S. homeownership rate reached its highest levels in 15 years.Since 1993, 4.5 million Americans have become homeowners.

At the same time, the homeownership rate for non-Hispanic white householders born in the United States (75 percent) was only slightly higher than the rate for non-Hispanic white, naturalized citizens (74 percent).

I agree, homeownership is at it's lowest but there a many factors that could cause an increase in single family demand (especially entry level) One factor being rental rates that are too high.

The rate of homeownership across minority households, especially black and Hispanic, has fallen, as well — among black households, down from a record - high 49.1 percent in 2004 to 41.3 percent today, and among Hispanic households, down from a record - high 49.7 percent in 2007 to 47.0 percent today.

«High interest rates and changes in tax policy that increase the cost of homeownership could cause home prices to fall significantly.»

The average homeownership rate of persons holding a bachelor's degree was 15 percentage points higher than the rate of persons with a high school diploma.

Consumer confidence in homeownership is riding high — the economy continues to improve and interest rates remain favorable.

In 2015, the homeownership rate of female householders in one - person households was 24.56 percent higher than the homeownership rate of male householders in the same category, according to U.S. Census Bureau data.

According to QFREB's analyses, generally the higher the opportunity cost of ownership, the lower the homeownership rate.

Homeownership rates in the first quarter were also highest among homeowners aged 65 and older, at 78.6 percent, and lowest for homeowners aged 35 and younger, at 34.3 percent.

The homeownership rate rallied slightly at 63.5 percent in the third quarter, higher than the 62.9 percent rate in the second quarter — the lowest point in more than 50 years, according to the U.S. Census Bureau's Quarterly Housing Vacancies and Homeownehomeownership rate rallied slightly at 63.5 percent in the third quarter, higher than the 62.9 percent rate in the second quarter — the lowest point in more than 50 years, according to the U.S. Census Bureau's Quarterly Housing Vacancies and HomeownershipHomeownership report.

New research now shows the homeownership rate in the lowest income tier is catching up to that of high - earners, edging closer since the onset of the recovery.

Homeownership rates among those without a high school diploma are above 50 percent in affordable Deltona - Daytona Beach, Fla., and Gary, Ind., where the median home value trails the national median.

Women's success in homeownership is an inspiring feat — as they've had to balance the gender wage gap and higher mortgage rates — and, despite these developments that have assisted women homebuyers, their personal willingness and sacrifice to become homeowners is where the credit is due.

The disparity, however, has thinned since 2012, when the homeownership rate of high - income households was 2.4 times higher than that of low - income households.

In 2015, the homeownership rate of women living alone was 25 percent higher than that of men in the same category, and in higher - paying fields like civil engineering, women grew 977 percent from 1970 to 2010.