Sentences with phrase «said homeownership levels»
Yun said homeownership levels dropped by one million households between 2010 and 2014, despite the recovery in home equity, while the share of renters has increased by four million during that period.
http://realtormag.realtor.org/ Not exact matches
The Mortgage Bankers Association, in its testimony to Congress last fall, said that homeownership rates are at record levels, nearly 69 percent.
«No one wants to see a return to the unscrupulous, predatory lending practices that caused the Great Recession, but some modifications to existing regulations would help restore the homeownership rate to pre-bubble levels,» said Polychron.
«Solid economic conditions and millennials in their prime buying years should be translating to a lot more sales to first - timers, but the unfortunate reality is that the nation's homeownership rate will remain suppressed until entry - level supply conditions increase enough to improve overall affordability,» says Yun.
«The fastest growing segment for homeownership are those above 65 and the boomers will certainly not reverse this trend given their high levels of wealth,» says Gomez.
RBC Royal Bank's 13th Annual Homeownership Survey says a record 90 per cent of Canadians, the highest level since 1998, say buying a home is a good investment.
Authors of the JCHS report say they expect rental housing and entry - level homeownership to surge over the next decade as the millennial generation moves into their late 20s and early 30s.
«Austin has a large population of educated millennials, so it's unlikely that homeownership levels are going to go up significantly in this market, considering the all - time high levels of student loan debt,» says Hovland.
Fairfax — While 2017 homeownership rates have reached the highest level since mid-2014 according to Census Bureau data, and 2017 home prices reached new highs for the past decade, we are starting this year off with solid rises in home values, said Lorraine Arora, the 2018 NVAR Chairman of the Board and Weichert, Realtors ® Fairfax regional managing broker.
All affordability measures are now below historic averages, says the report, indicating that homeownership costs are at attractive levels in the province.