Ratio of single homeowners increases to record high



Americans are increasingly heading into homeownership alone, with the share of homeowners in the U.S. who describe themselves as “single” hitting a record 38.4% in 2018, according to U.S. Census data. Moreover, around 48.5% of singles aged 18 to 34 owned a home in 2018, the highest number since 2009, USA Today reported. The main […]

Disabled are priced out of accessibility features at home



Homes that have features designed to boost the quality of life of disabled people, often known as “accessible homes”, can cost up to 10% more than their non-accessible counterparts, according to a new study by Apartment List. The rentals website said the study even controlled for size and location, and concluded that it means those […]

Fewer first-time buyers are married



The declining rate of marriage in the U.S. means that married couples no longer dominate the first time buyer landscape like they used to. Instead, many first time buyers are going it alone, while others are even partnering with friends in order to get a foot on the property ladder, according to new data from […]

Californian cities are banning natural gas in new homes



The humble gas stove is coming under attack from an increasing number of cities concerned about climate change. They say big environmental benefits are to be had from eliminating natural gas lines to homes and relying solely on electricity, even if it means residents will need to replace old appliances that use gas for cooking […]

Millennials way behind baby boomers when it comes to homeownership



Millennials own far less real estate than their predecessors, and it means an entire generation could have lower lifetime wealth, experts say. Data from the Federal Reserve shows that when baby boomers reached their median buying age of 35 in 1990, they owned around one third of all U.S. homes, in terms of overall value. […]

Zillow reveals America’s most popular destinations for home buyers



Las Vegas is the most popular U.S. destination for non-local home shoppers, Minneapolitans don’t want to move out of the area – and hardly anybody else wants to move in – and Texans seem to mostly love living in Texas. These are just a few of the takeaways from a new Zillow analysis of search […]

New report paints a bleak picture for U.S. renters



Renters who’ve found themselves priced out of the housing market aren’t finding much relief by renting their home either, according to a new report by Harvard’s Joint Center for Housing Studies. “Despite the strong economy, the number and share of renters burdened by housing costs rose last year after a couple of years of modest […]

Oakland set to ban criminal background checks for renters



The city of Oakland, California could become the first in the state to ban landlords from denying potential renters based on their criminal records. A new measure passed by the Oakland City Council last week aims to ease homelessness, and will undergo a final review in February before coming into law. Similar measures have already […]

Ditching security deposits could come back to bite renters, expert says



Recently, some lawmakers have been proposing alternatives to the traditional security deposit in an effort to help tenants by eliminating the need for a large, upfront payment. But some housing experts say this could actually end up costing renters more money in the long run. Charles Tassel, chief operating officer of the National Real Estate […]

Wildfires cause slowdown in California home sales



Wildfire-prone areas in California are seeing home sales slow as insurers retreat from high-risk regions, The Wall Street Journal reported. Insurers paid more than $24 billion for California wildfire losses in 2017 and 2018. Now, they’re looking to cover their losses and are reportedly raising prices or declining to renew policies in some parts of […]