Sentences with phrase «occupied housing»

Cities with the highest apartment property tax rates — in contrast to «homestead» or owner - occupied housing — include New York, Detroit, Des Moines, Aurora, and Bridgeport.
9,861 people (70.9 % of the population) lived in owner - occupied housing units and 3,966 people (28.5 %) lived in rental housing units.
(1) Percent of mortgaged owner - occupied housing units spending 30 percent or more of household income on selected owner costs such as all mortgage payments (first mortgage, home equity loans, etc.), real estate taxes, property insurance, utilities, fuel and condominium fees if applicable.
According to the 2012 ACS, the median household income of owner - occupied housing in United States is $ 65,514.
The 2011 AHS also found that 41 percent of the owner - occupied housing stock in the U.S. was built prior to 1969.
Since minority households tend to have lower incomes and wealth than white households, their demand for owner - occupied housing will depend in large measure on the availability of mortgage financing that accommodates their limited resources.
This post takes a closer look at two of those statistics; the median household income and median value of owner - occupied housing units.
Homes built from 2000 to 2009 account for 15 percent of the owner - occupied housing stock.
It analyzed zip codes with more than 2,000 occupied housing units and adjusted all amounts for inflation to 2018 values.
In addition to providing homes and support services to veterans, the Heroes» Commons at Jefferson Park project is intended to stimulate the revitalization of owner - occupied housing in the Parramore community.
Second, increases in the average income of an area's households, especially those headed by persons in the prime renting age group of 25 - 35, may contribute to increases in the demand for owner - occupied housing.
In the case of owner occupied housing actually, the resale proceeds represent the only source of investment return for the owner.
Keeping home prices constant, higher incomes will make housing more affordable to several renters and enable them to enter the market for owner - occupied housing.
Household income growth trigger increases in demand for both rental and owner - occupied housing.
In keeping with prior analyses, NAHB calculates this — the effective property tax rate as measured by taxes paid per $ 1,000 of home value — by dividing aggregate real estate taxes paid by the aggregate value of owner - occupied housing units within a state.
To track and chart the most common home styles in 40 major American cities, The Washington Post took data from the recent 2014 American Community Survey showing the characteristics of occupied housing throughout the country.
The NAHB study provides a rundown of the top - 10 metros according to nine key measures, including: owner - occupied housing units; homeownership rate; home owner vacancy rate; share of single - family detached homes; value of homes owned; home owner incomes; growth in stock of single - family detached homes; and share of homes built recently.
Current remodeling activity was particularly strong in owner - occupied housing; the sub-components of the current conditions index for owner - occupied housing were all well over 50, ranging between 55 and 60.
A simple measure of tightness in a market for owner - occupied housing is the homeowner vacancy rate (number of homes for sale divided by the number either for sale or owner - occupied).
To recap, the housing sector continues to suffer from serious imbalances — a marked excess supply for owner - occupied housing accompanied by a stronger rental market.
This flexible housing stock is likely to turn back into owner - occupied housing if demand switches back to homeownership.
Comprehensive tax reform will impact the demand for owner - occupied housing by reducing the number of homeowners who claim the mortgage interest deduction, eliminating the itemized deduction for property taxes, and decreasing marginal tax rates.
It's also true that a faster pace of job creation will in turn support demand for both rental and owner - occupied housing.
Households A measurement by the U.S. Census Bureau detailing the number of occupied housing units.
Manufactured homes have «a lower rate of civilian fire injuries per 100,000 occupied housing units than other one or two - family homes» and post-HUD standard manufactured homes are more likely than other homes to have fires confined to the room of origin.
The resulting job losses would have reduced demand for both renter and owner - occupied housing, thereby halting the expansion of residential construction that contributed significantly to economic growth in 2012.
The Census data highlight an opportunity for home builders in terms of meeting demand for multigenerational housing, but also are suggestive of the potential of future unlocked pent - up demand for both renter and owner - occupied housing
With a growing labor market and continued household balance sheet repair, household formations are up in 2012, increasing demand for both renter - and owner - occupied housing.
The RMI reading for current remodeling activity was particularly strong in owner - occupied housing during the third quarter.
The 2011 AHS also found that 41 % of the owner - occupied housing stock in the U.S. was built prior to 1969.
«For the past two years, we have been tracking the investment and owner - occupied housing markets,» explains Steve Hovland, director of research for HomeUnion.
The subcomponents of the current conditions index for owner - occupied housing were all well over 50, ranging between 55 and 60.
Older Canadians generally prefer to live in homes they own as oppose to rent and this will lead to significant demand for owner occupied housing as the population ages.
«There is a pent - up demand for both rental and owner - occupied housing as household formation will inevitably burst out, but the bottleneck is in limited housing supply, due to the slow recovery in new home construction,» Yun notes.
Owner - occupied and renter - occupied housing accounted for 55.5 percent and 31.6 percent shares, respectively, in the second quarter of this year, and 55.5 percent and 31.8 percent shares, respectively, in the first quarter.
According to the U.S. Census» 2009 — 2013 5 - Year American Community Survey, around one - third of owner - occupied housing units in the United States do not have a mortgage.
«There is a pent - up demand for both rental and owner - occupied housing as household formation will inevitably burst out, but the bottleneck is in limited housing supply, due to the slow recovery in new home construction.
A recently released study commissioned by NAR titled, «Impact of Tax Reform Options on Owner - Occupied Housing,» estimated taxes would rise on average by $ 815 each year for homeowners with adjusted gross incomes between $ 50,000 and $ 200,000.
Moreover, according to the Census Bureau, of the 116 million currently occupied housing units, single women comprise 13 percent; in contrast, single men make up only 4.8 percent.
Alcona County, Mich., (far northeastern Michigan had the highest percentage of owner - occupied housing units (89.9 percent) that year.
Women in owner - occupied housing units have a median duration of 8.8 years, compared with 7.6 years for men.
Single - family housing starts came in above estimates in September, signaling sustained strength in the owner - occupied housing sector.
Rehabilitation of owner - occupied housing is directly linked to economic development, especially in distressed areas.»
Two factors supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner - occupied housing.
This prohibition against discriminatory advertising applies to single - family and owner - occupied housing that is otherwise exempt from the Fair Housing Act.
Distinguishing groups from the professional or managerial classes, from more expensive owner - occupied housing or with high cognitive scores would serve to increase the contrasts observed and provide an alternative focus in interpreting the gradients of association.
If you combine apartments with rented houses, condos and mobile homes, the city's rental rate is closer to half of occupied housing.
The 2010 Census reports that the owner - occupied housing rate in Fort Worth is at about 60 percent.
This means that the renter - occupied housing rate is nearly 40 percent.
9,230 occupied housing units have no telephone service available.
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