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New condo builds fall to lowest level in decades

By Mike Wheatley | February 2, 2022
While new home construction has soared over the past 12 months, condos are being left behind, says a new report from the Urban Institute. It found that the share of condo units being built for sale in the last year declined to less than 5.4% of the overall construction market, its lowest level in almost […]
Residential, US Real Estate

Asians, Blacks and Hispanics to fuel new household growth

By Mike Wheatley | January 25, 2021
The Urban Institute has said that virtually all of the household growth in the U.S. expected over the next two decades will come from “minority households”. Its researchers said in a report last week that between 2020 and 2040, around 16.1 million new net households will be created, and the vast majority of them will […]
Mortgage, Real Estate

400k borrowers are "needlessly delinquent", study finds

By Mike Wheatley | October 15, 2020
Around 400,000 homeowners who’re struggling to pay their mortgages due to the COVID-19 pandemic have failed to take advantage of forbearance programs that could help them, despite being eligible, a report from the Urban Institute has found. Homeowners with federal mortgages are allowed under the Coronavirus Aid, Relief and Economic Security Act to defer mortgage […]
Real Estate, US Real Estate

Study: Manufactured home values appreciate at similar rates to traditional homes

By Mike Wheatley | September 21, 2018
The prices of manufactured homes, or mobile homes, are appreciating at the same pace as those of traditional homes, which is counter to conventional wisdom, according to a new report.
Residential, US Real Estate

Economists are concerned as millennials delay homeownership

By Mike Wheatley | July 17, 2018
Economists are reportedly worried that millennials are not buying homes on the same timeline as previous generations, the Urban Institute says.
Featured News, US Real Estate

Total value of the U.S. housing market hits $23.9 trillion

By Mike Wheatley | December 20, 2016
The total value of the U.S. housing market has hit $23.9 trillion, its highest value since the early 2000s
Mortgage, US Real Estate

Women more reliable than men at paying off the mortgage

By Mike Wheatley | September 12, 2016
Women are more likely to keep up to date with their mortgage repayments than men, according to a new Urban Institute study.
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