Sentences with phrase «homeownership rate of»

On the residential side, in the past year we've seen a turnaround in the homeownership rate of the 25 - 34 cohort, and now they are working more, buying more homes and you're starting to see a big pickup in the homeownership rate for that cohort.
Without a doubt, the country's record homeownership rate of 67.2 percent of all households is worth celebrating, because it reflects how well the country's real estate industry works, NAR First Vice President Martin Edwards Jr. told reporters at a press conference in Washington, D.C., in late July.
They'd like to achieve a U.S. Hispanic homeownership rate of 50 percent or greater, and they're striving for a 25 percent increase in the number of Hispanic households owning non-cash financial assets such as stocks, bonds, mutual funds and 401 (k) accounts.
The Women's Mortgage Industry Network (WMIN), a national organization of women from some of the largest mortgage companies in the United States, has launched a new initiative to increase the homeownership rate of single women.
The group's 15 - member board of directors has released an action plan to address the substantial gap between the homeownership rate of single mothers and that of single fathers.
According to a study by Trulia, the homeownership rate of high - income households is 2.3 times the rate of low - income households: 77 percent versus 34.9 percent.
Low - income households are more likely to own, for instance, in Daytona Beach, Fla., Long Island, N.Y., and Troy, Mich., where the homeownership rate of high - income households is just 2 times 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.
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 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.
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.
The homeownership rate of immigrants continues to lag that of native - born residents by as much as 30 percent.
Alabama has a homeownership rate of nearly 73 percent.
In 2015, Washington, D.C. had a homeownership rate of approximately 40.4 percent.
That Fairfax has a homeownership rate of about 70 % for the past four years is impressive given that the median home value is about $ 480,000 and the county's population is over 1.1 million.
The homeownership rate for African American households is now hovering around 42 percent, according to census data, compared to a white homeownership rate of 72 percent.
The 94 % is the homeownership rate of the approximately 200 households who are Hispanic in Union County.
The homeownership rate of households headed by people aged 30 to 34 fell to 46.3 percent in the first quarter of 2018, a disappointment for those who hoped the upward turn in the fourth quarter of 2017 (to 47.1 percent) was a sign of better times to come.
In a study issued this week (Aug. 11 - 15), Goldman Sachs Bank USA economists Eli Hackle and Hui Shan showed that the homeownership rate of young adults, ages 25 - 34, who were carrying more than $ 50,000 in student, was 8 percentage points lower than for college graduates with less than $ 50,000 in student debt.
This compares with a homeownership rate of more than 85 % in 1989 and an average equity stake of more than 70 %.
Here's how U.S. homeownership rates of changed over the past 128 years according to the U.S. Census Bureau and the Federal Reserve Bank of St. Louis:
Korean - Americans had the lowest average rate of homeownership rates of Asian families in all three metropolitan areas.

Not exact matches

But where housing is easy to build, it has little effect on prices, and doesn't have a significant influence on the rate of homeownership, he said.
The rising cost of homeownership is pushing more people to rent, and the vacancy rate in Toronto has tightened over the past few years to 1.3 per cent, according to CMHC.
Interest rates have been falling since the early 1990s, lowering mortgage carrying costs and opening up homeownership to a greater swath of Canadians.
Millennials had been driving the nation's overall homeownership rate, showing the biggest gains throughout 2017, but they dropped back in the first quarter of this year.
However, holding debt is associated with a lower rate of homeownership, irrespective of degree type, according to the report.
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.
«I don't think those are challenges that are going to keep young households permanently out of the housing market, but it may keep their homeownership rate near historic lows for likely the indefinite future,» Ralph McLaughlin, Trulia's chief economist, told the Wall Street Journal.
For example, the homeownership rate for non-Hispanic white households fell from 75.3 % in 2010 to 73.9 % in 2013, a percentage drop of 2 %.
Meanwhile, the homeownership rate among minority households decreased from 50.6 % in 2010 to 47.4 % in 2013, a slippage of 6.5 %.
Homeownership rates were slightly lower in 2013 among the bottom 60 % than in 1998, as was stock ownership, according to the Fed's Survey of Consumer Finances.
Even if homeownership feels far away now, following the four steps above will help you lower your monthly payments to increase your rate of savings for a down payment.
The homeownership rate for that age group is around 80 % as of 2012, and the average and median home values are both in the $ 200 - 300k range.
Mortgage Insurance can help you achieve the dream of homeownership sooner by allowing you to purchase a home with less than 20 % down payment, while paying the same competitive interest rates as buyers with a larger down payment.
«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.
Rising interest rates this year and a tax bill that passed late last year that diminished the tax benefits of homeownership were expected to dampen demand for homes this year.
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.
In pricier markets, rising home values and interest rates put homeownership that much further out of reach.
This mortgage payment calculator will help you determine the cost of homeownership at today's mortgage rates, accounting for principal, interest, taxes, homeowners insurance, and, where applicable, condominium association fees.
Meanwhile, the government wished to increase the rates of homeownership nationwide.
PennyMac is dedicated to making homeownership more affordable for everyone by enabling FHA borrowers to take advantage of historically low rates that will save them money on their mortgages every month.
According to the Census Bureau's Housing Vacancy Survey (HVS), the U.S. homeownership rate was 63.7 % in the second quarter 2017, which is statistically no different from its last quarter reading of 63.6 %.
The rate of homeownership appears to be on a sustainable upward trend after reaching a cycle low of 62.9 % in the second quarter of 2016.
Donald Trump himself bemoaned via a tweet that the U.S. homeownership rate was at a 51 - year low of 62.9 %.
After dropping to a cycle low of 62.9 % in the second quarter 2016, the national homeownership rate seems to be on a sustainable upward trend now.
As described in a previous post, a recent release from the Census Bureau's Housing Vacancy and Homeownership (CPS / HVS) survey shows that the US homeownership rate increased to 64.2 percent in the fourth quaHomeownership (CPS / HVS) survey shows that the US homeownership rate increased to 64.2 percent in the fourth quahomeownership rate increased to 64.2 percent in the fourth quarter of 2017.
When examining homeownership across different demographic groups, rates vary significantly, indicating that the economic and financial benefits of homeownership do not reach everyone.
Data from the Census Bureau's Housing Vacancy and Homeownership (CPS / HVS) survey show that the US homeownership rate increased to 63.9 percent in the third quarter of 2017, up 0.4 percentage points from the third quaHomeownership (CPS / HVS) survey show that the US homeownership rate increased to 63.9 percent in the third quarter of 2017, up 0.4 percentage points from the third quahomeownership rate increased to 63.9 percent in the third quarter of 2017, up 0.4 percentage points from the third quarter of 2016.
The US household share of Hispanics or Latinos living in these states is about the same share as in California, where homeownership rates among this group are generally lower (signified by gradients of red in map).
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