Tough Questions Arise Out of An Unprecedented Affordability Crisis

Blackstone Real Estate just acquired affordability innovators Home Partners of America for $6 billion. Here’s why this is big news.

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

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Black homeownership rate rebounds from 3-decade low

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

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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.

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2017 Home Ownership Rate Bounces Upward

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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