Sentences with phrase «homeownership rates continue»

While home prices have recovered, homeownership rates continue to fall and lending is tight, putting pressure on the broader economy and widening the wealth gap.

With the homeownership rate continuing to trend upward and more new supply slated to come online throughout the year in many markets, it's likely that rent growth will continue to be sluggish.

Cambridge, MA - The fledgling U.S. housing recovery lost momentum last year as homeownership rates continued to fall, single - family construction remained near historic lows, and existing home sales cooled, concludes The State of the Nation's Housing report released today by the Joint Center for Housing Studies of Harvard University.

Not exact matches

Supporting the growth is an increasing homeownership rate as younger buyers enter the market and wages continue to rise.

Gabriel, Director of the University of Southern California Lusk Center for Real Estate, explained in the Alliance white paper entitled Mortgage Finance Innovation and the Achievement of Homeownership: The Role of the Fixed - Rate Mortgage how the fixed - rate mortgage continues to hold sway over adjustable rate mortgaRate Mortgage how the fixed - rate mortgage continues to hold sway over adjustable rate mortgarate mortgage continues to hold sway over adjustable rate mortgarate mortgages.

The homeownership rate of immigrants continues to lag that of native - born residents by as much as 30 percent.

As baby boomers reach their 40s, 50s, and early 60s, they'll continue to drive homeownership rates and home values upward and spend more on remodeling.

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

«Strong renter formation is one of the reasons why the homeownership rate has continued to drop since the onset of the housing crisis, so any sign this trend is reversing is something to take note of,» wrote Ralph McLaughlin, chief economist at Trulia.

Painter and Yu also found that immigrants continue to have a lower homeownership rate than native - born Americans with the same income and education levels.

The movement out of rental accommodation into homeownership continued in 2004 and the average apartment vacancy rate for major urban centres rose from 2.2 to 2.7 per cent.

While the homeownership rate in America continues to hover around a 50 - year low, there are real - world opportunities to turn that trend around.

Bush cited continuing low interest rates, strong new - home construction, and record - setting homeownership as among the drivers of the improving economy.

The country's impressive homeownership gains over the past several years reside uneasily next to continued lagging minority homeownership rates and increasing affordability problems.

The mortgage interest rate deduction has always been a selling point for those on the fence between continuing to rent or jumping into homeownership.

The combination of tight lending conditions and weak job growth is a reason for the continuing decline in the homeownership rate.

With the U.S. homeownership rate declining to a 19 - year low in 2014, the multi-family rental property market continued to outperform inflation, says Marcus & Millichap, the real estate investment brokerage firm that specializes in apartment property sales.

«While the tight supply in the market continues to favour sellers we are pleased to see more inventory coming online; the steady rate of sales continues to reinforce that Kitchener - Waterloo and area remains an attractive place to invest in homeownership.»

Although younger households are likely not doubling up with roommates, moving back in with their parents and / or re-entering school to the same extent as they were at the peak of the recession, the slump in homeownership rates among these cohorts will likely continue over the near term.

Results from the survey show Americans» optimism about the recovery of the housing market, and that homeownership continued its gradual climb, bolstered by a series of mortgage rate decreases experienced throughout the summer.

Homeownership rates will continue to fall; 8.

The apartment sector is expected to remain the top performer in commercial real estate, as supply and affordability challenges continue to block the country's homeownership rate from any «meaningful improvement,» NAR notes.

The apartment sector, according to the forecast, will continue as a top performer, as ongoing affordability and supply challenges are stalling the homeownership rate.

Record levels of renters and ever - increasing rent prices: Continued declines in homeownership rates resulted in record numbers of renting households.

«Strong renter household formation is one of the reasons why the homeownership rate has continued to drop since the onset of the housing crisis, so any sign this trend is reversing is something to take note of.

As the rate of homeownership in the U.S. continues to decline, rental housing is in high demand in many markets across the country.

The number of Hispanic household owners continues to increase while the overall U.S. homeownership rates have declined for a 12th straight year, according to NAHREP.

Stagnant incomes and constrained credit have had greater impacts on homeownership rates since the end of the housing boom than long - term demographic changes, and will likely continue to drive homeownership trends in the near future.»

We predict that the homeownership rate will continue to climb, albeit slowly.

«Realogy continues to be at the forefront of the real estate industry's support for professional organizations that strive to educate and empower industry professionals who serve the underserved markets with the goal of increasing sustainable homeownership rates within its constituents,» said Tanya Reu - Narvaez, senior vice president of human resources, Realogy Franchise Group & Corporate.

The Hispanic Wealth Project (HWP), in collaboration with the National Association of Hispanic Real Estate Professionals (NAHREP), today released their annual State of Hispanic Homeownership Report, which shows that Hispanics continue to increase their rate of homeownership despite externaHomeownership Report, which shows that Hispanics continue to increase their rate of homeownership despite externahomeownership despite external challenges.

Our new analysis, released today, reveals that the homeownership rate in the U.S., which has been declining since the housing boom, will continue to decrease for at least the next 15 years.

If this trend continues into 2018, we should expect the homeownership rate to continue rising.