Vacant Homes Sales Price Hitting Bottom?
OriginationNews says, according to the Census Bureau, the inventory of vacant homes for sale in Q1 2012 dropped to 1.65, 18 percent lower than one year ago. The number of vacant homes for sale was last...
View ArticleIf Homeownership Continues Falling, Investors will Own More Housing
MHProNews has learned from HousingWire the American homeownership rate fell from 69.2 percent in 2004 to 65.4 percent in the first quarter of this year, and Paul Diggle, a property economist with...
View ArticleWill Pent-up Demand Continue Penting?
InvestorPlace informs MHProNews hordes of college grads unable to find work are moving back home, according to the Census Bureau. In addition to their education, they are carrying one trillion dollars...
View ArticleCenter for Housing Studies says Housing Recovery is Real
While the Census Bureau says home ownership is at its lowest point in 15 years, Harvard University’s Joint Center for Housing Studies reports “After across-the-board declines in 2011, all major house...
View ArticleHomeownership Rate Continues its Decline
According to kansas.com, the U. S. Census Bureau reports the overall homeownership rate dropped to 64.7 percent in Q2 of 2014 from 66.9 percent in the same quarter five years ago. For those under 35,...
View ArticleMillennials Continue Living with Mom & Dad
The homeownership rate among young adults ages 18-34 has fallen to a new low, 13.2 percent, as Millennials continue to live in their parents’ basements. In 2014, according to Census Bureau data...
View ArticleRents are Rising—Manufactured Home Living more Reasonable than Ever
A new study of homeownership, home values and income growth from 2000 to 2013 by the National Association of Realtors (NAR) indicates 90 percent of metropolitan housing markets have seen a decline in...
View ArticleHomeownership Rates in U.S. Compared to Top 50, MHI’s Idea Revisted
“Homeownership is a way for people to generate stability and wealth and not just go to work every day,” said Deborah Moore, neighborhood planning director for Neighborhood Housing Services of Chicago....
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