Fertility rates in the U.S. have fallen to their lowest level since records begun, and that means big changes in the future of residential real estate, according to one report.
U.S. now has more renters than at any point since 1965
A higher proportion of American households are renting their homes than at any time since 1965, according to a new report from the Pew Research Center based on Census Bureau data.
Rising rents cause headaches across the nation
About 20.7 million rental households – nearly half of all renters – spent more than 30 percent of their income on housing in 2013, according to a report from the Harvard Joint Center for Housing Studies
The American Dream For Rent
Corporate America is buying up the American Dream of homeownership and putting it up for rent. Magnetar Capital LLC, has bought 1 out of every 11 homes in the Ohio town of Huber Heights and is now pushing for property-tax cuts that will gut the school district’s budget. In a capitalistic society, there is little
The Real Money is in Multifamily Development
The potential for huge profits from turning raw land into a new development is extremely tempting. The fact is that today there is one development opportunity paying big dividends although the overall real estate market remains spotty.
What “Affordability”?
If you’ve been scratching your head over claims that housing is “more affordable than ever,” you aren’t alone and, given the most up-to-date report on home prices, more scratchers could be joining you.
Can’t Afford to Buy – Can’t Afford to Rent
According to a report released at the end of last month, a new record high number of renters are spending over 50% of their income on keeping a roof over their heads, says the Harvard Joint Center for Housing Studies. And it’s not just the working class who are feeling the pinch, for many of those struggling are considered middle class.