Sentences with phrase «with higher homeownership»
«We found that jobs in the professions with higher homeownership rates (70 percent or more) are likely to see average growth (10 percent) or less.»
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While classmates at her all - white elite high school breezed into adulthood and homeownership with help from their parents, she «bought my first home as a co-signer to my grandmother who was next on the list of longtime renters in our gentrifying neighborhood... to be displaced.»
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.
Other developed countries with no mortgage interest deduction have similar or higher homeownership rates.
The proposed federal tax overhaul will reduce tax incentives for homeownership, potentially depressing the prices of Long Island homes with high property taxes and spurring demand for already - scarce lower - cost homes and rentals.
The author of the study, Dr Cutler, found that although higher household earnings were negatively associated with perceptions of extreme weather, homeownership was indeed a contributing factor — stating that «homeownership and lower incomes appear to independently increase perceptions.»
The industry's transparent, risk - adjusted capital requirements set it apart from other forms of credit enhancement, and that stability — coupled with 60 years of experience insuring high LTV - residential mortgages — puts it in a unique position to support the expansion of homeownership.
«Today's near record low homeownership rate, combined with low inventory of rental property, have combined to push rental rates higher during the housing recovery,» he says.
Even so, the ranks of first - time buyers surprisingly continue to swell, with homeownership hitting an all - time high in 2014, when almost 68 % of Canadians owned a piece of the real estate market.
The county's homeownership rate is about 10 % higher than Virginia's average even though homes in Loudoun are far more expensive, with a median value of $ 450,000.
CPA was inspired to address the emotional and financial burden of student loan debt after an internal staff survey revealed that CPA's 64 employees carry an above - average amount of student loan debt (SLD), with approximately half reporting that SLD adds «high» to «very high» amounts of stress to their daily lives, has prevented or delayed homeownership, and has caused them to consider relocating to a lower cost area of the country.
Most people who decide to rent in the San Elizario area of El Paso are going to be renting in order to avoid some of the high costs and financial commitments that come with Texas homeownership.
When comparing homeowners with similar income levels in Los Angeles, the Chinese - American homeownership rate is 20 percent higher than whites; in San Francisco, 23 percent higher; and in New York, 18 percent greater.
The report, «Moving to America — Moving to Homeownership: 1994 — 2002» shows that a slightly higher proportion (51 percent) of African American naturalized citizens owned their own homes, compared with native - born African Americans (49 percent).
Yet, with homeownership already falling to 68.2 percent in the third quarter of 2007 from the historic high of 69.2 percent in the second quarter of 2004 and the tightening of mortgage loan credit in response to excesses of subprime lending, it's unlikely that the homeownership rate will increase in the near future.
With millennials entering the peak buying period and expected to soon surpass boomers in total population, Yun believes the share of millennial purchases would be higher if not for the numerous obstacles that have slowed their journey to homeownership.
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.
During 2015 the South African residential property market continued to see improvement, with consumers still placing a high value on homeownership.
NAR President Bill Brown credited Fannie Mae for an upcoming change that will allow borrowers with higher debt get a home loan, a move that reflects borrowers» strengthened credit profiles and is consistent with NAR's effort to increase homeownership among first - time buyers.
NAR, with its partners, wants to be a catalyst — to focus attention on this important issue and signal to policy makers that it's time to place a higher priority on creating parity in homeownership.
«From what we have seen so far, limiting the mortgage interest deduction to $ 500,000 will no doubt hurt homeownership in states with high housing costs such as California.
Adds Yun, «With home prices and rents continuing to rise and wages showing only modest growth, declining affordability remains a hurdle for renters considering homeownership — especially in higher - priced markets.»
With increasing wages supported by higher educational attainment and strong desire for homeownership, women are positioned to revive the housing ecosystem.
Homeownership in the United States is the highest it's ever been, with 67 percent of all households owning their own home.
In Long Island, N.Y., the homeownership rate among those with a high school diploma but no college degree blips at 74.5 percent.
Even a large majority of older millennials and those with higher incomes say they're being forced to delay homeownership because they can't save for a down payment and don't feel financially secure enough to buy.
Creating a sense of community, combined with offering high - end amenities and conveniences such as ensuite washers and dryers, attract those who are choosing a lifestyle that allows for financial flexibility while setting in deep roots, something that's not offered by homeownership or by Toronto's flimsy condo rentals.
And with trillions of dollars changing hands to the millennials in the next decade or two from inherited wealth alone, I think homeownership will be even higher in this group than for earlier generations.»
Here's a strong dose of reality on why millennials might not be the housing market's prayer in the near future: The fastest - growing careers aren't necessarily those with traditionally high homeownership rates.
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.
The mission of the Office of Housing is to: Contribute to building and preserving healthy neighborhoods and communities Maintain and expand homeownership, rental housing, and healthcare opportunities Stabilize credit markets in times of economic disruption Operate with a high degree of public and fiscal accountability Recognize and value its customers, staff, constituents, and partners
They are also burdened with high levels of student loan debt, which makes homeownership an additional challenge,» he notes.
More diversity within With homeownership among whites at historic highs, industry observers say minority buyers will be the impetus behind future homeownership growth.
Nine of the 10 metropolitan areas with the highest home values have homeownership rates well below the national figure.
And while the path to homeownership is harder now for millennials carrying student debt, dealing with rising rents, and experiencing stagnant wages, NAR research shows that millennials still see the value in owning and home and once they are ready, they are looking to a real estate agent in higher numbers than ever before.
At a time when Canadians are grappling with historically high household debt levels — upwards of 163 per cent according to Statistics Canada — young adults are feeling insecure about their knowledge of the financial implications of homeownership.
With rentals rising, U.S. homeownership rate was at 66.5 percent in the first quarter, down from a high of 69.4 percent in the second quarter of 2004.