Washington, D.C.'s low
median age of housing inventory (54 days, nine days less than the national average), even lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth rate of 2.19 percent indicate that demand for housing there is and will likely remain quite strong for some time.
Washington, D.C.'s low
median age of housing inventory (54 days, nine days less than the national average), even lower vacancy rate (5.20 percent, about 23 percent less than the national average), and moderately high annual job growth rate of 2.19 percent indicate that demand for housing there is and will likely remain quite strong, making D.C. a profitable market for rental real estate investors for quarters to come.
Nashville's stellar annual job growth (3.44 percent, seventh - highest in the U.S.), moderately low vacancy rate (4.80 percent, almost 30 percent lower than the national average), and even lower
median age of housing inventory (a mere 42 days, 33 percent lower than the national average) also highlight how exceptionally strong the demand for Nashville housing currently is and will likely continue to be for many quarters to come.
Austin's booming population (helped out by its 3.26 percent annual job growth rate, one of the highest such rates in the country) has led to the moderately - low local vacancy rate and
median age of housing inventory of just 4.50 percent and 46 days, respectively.
Not exact matches
In the majority
of districts (63 percent), teachers are able to save a down payment towards a
house in ten years, which is about the same pace as their non-teaching peers, given that the
median age of first - time home buyers is 32 years old.
While the
median age of first - time homebuyers is 30 for native - born white Americans, it's 31 for Hispanics, 33 for Asian Americans, and 36 for African Americans, according to the JCHS's «The State
of the Nation's
Housing: 2003.»
Realtor.com ®'s February 2013 national
housing data indicates that listing inventories increased 1.15 percent month - over-month;
median age of inventory was at 98 days, a 9.26 percent decrease month - over-month; and
median list prices were slightly higher month - over-month at $ 189,900.
Methodology: realtor.com ® examined key
housing indicators including: search rank,
median list price, year - over-year change in inventory,
median age of inventory and unemployment rates across 146 markets and evaluated the metrics against the needs and desires
of the typical first - time home buyer.
Nevada has the youngest
housing stock, with a
median age of 21.
Lawrence Yun, NAR's chief economist confirms this
age - shift in
housing preference, saying, «The
median age of a millennial home buyer is 30 years old, which typically is the time in life where one settles down to marry and raise a family.»
According to the latest data from the Department
of Housing and Urban Development American
Housing Survey (AHS), the
median age of an owner - occupied home in the United States was 35 years old as
of the 2011 survey.
According to the latest 4Q 2016 NIC MAP ® data, the
median age of the Primary and Secondary (largest 99 markets) seniors
housing and care properties is 26.8 years old.
(REALUOSO.COM)-- In a survey from the Department
of Housing and Urban Development American
Housing Survey (AHS), the
median age of homes in the United States was 35 years old.