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Residential, US Real Estate

Ratio of single homeowners increases to record high

By Mike Wheatley | February 28, 2020
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 […]
Zillow

Black homeownership rate rebounds from 3-decade low

By Mike Wheatley | February 20, 2020
Recent trends in the black homeownership rate show an increasing number are becoming homeowners. The homeownership rate for black households jumped 3.4 percentage points over the second half of 2019, bringing it from a three-decade low to back near historic averages. A deeper analysis by Zillow revealed some metro areas across the U.S. where the […]
Featured News, Residential, US Real Estate

Millennials way behind baby boomers when it comes to homeownership

By Mike Wheatley | February 6, 2020
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. […]
Home owner
News, US Real Estate

2017 Home Ownership Rate Bounces Upward

By Phil Butler | July 29, 2017
News from the National Association of REALTORS® (NAR) has revealed that the share of Americans who own homes is steadily climbing. Home ownership has increased in the second quarter, seemingly reversing a sharp downward trend that began back in 2008.
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