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Hispanic homeownership increases for 5th consecutive year

Posted by   /  February 24, 2020  /  Real Estate  /  No Comments

AZ Business Magazine | AZBigMedia The homeownership rate among Hispanics increased for the fifth consecutive year in 2019 as Hispanics continue to be the primary driver of growth in the nation’s housing market, according to recently released data from the U.S. Census Bureau and an upcoming report from the National Association of Hispanic Real Estate Professionals (NAHREP). Growth in […]

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Black homeownership rate ticks up in 2019 second half

Posted by   /  February 19, 2020  /  Real Estate  /  No Comments

Builder Magazine At the end of 2019, 44% of black households owned their home. 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, according to a new analysis by Zillow out Tuesday. The black homeownership rate posted gains during […]

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Regional News: California homeownership dream may soon become a nightmare. Here’s why.

Posted by   /  January 10, 2020  /  Economy, Real Estate, Regional News  /  No Comments

For the first time in history, the proximity to the beach, to Hollywood and to mountains will be trumped by living in Middle America By Rogers Healy | FOXBusiness Former California gubernatorial candidate John Cox discusses the large amounts of California residents leaving the state, as well as the homelessness and crime issues it is […]

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The best states for homeowners in 2019

Posted by   /  June 5, 2019  /  Real Estate  /  No Comments

By Ben Geier | SmartAsset Owning a home is a big milestone for many. Despite the costs and maintenance associated with homeownership, it can represent security, achievement and success. There are some states, though, where it is better to own a home than in others. Things like value-to-income ratios, foreclosure rates and the average cost of […]

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Report: Hispanics drive homeownership growth

Posted by   /  April 11, 2019  /  Real Estate  /  No Comments

Realtor Magazine Hispanics are fueling homeownership growth in the U.S. They represented 62.7 percent of the increase in the U.S. net homeownership rate from 2008 to 2018, 81 percent of the U.S. labor force growth, and 32 percent of U.S. household formations, according to the 2018 State of Hispanic Homeownership Report, released Tuesday. “Hispanic household […]

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Top 15 home features that will sell your home fast — and for more cash

Posted by   /  March 21, 2019  /  Real Estate  /  No Comments

Twitter By lance Lambert | Realtor.com It’s one of the (many) high-stakes gambles of homeownership: that awesome new feature or design improvement you’ve been wishin’ and hopin’ (and of course savin’) for might ultimately hurt, not help, your place’s resale value. After all, times and tastes change, and eventually most homeowners will become home sellers. So […]

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Homebuyers’ top regrets

Posted by   /  March 1, 2019  /  Real Estate  /  No Comments

  Nearly two-thirds of millennial homeowners have regrets about their purchase, survey finds By Deborah Khearns | Bankrate Homeownership is viewed as the most coveted part of the American dream, but nearly two-thirds of millennial homeowners (63 percent) expressed regrets about their current home purchase — the highest share of any generation, according to a new Bankrate […]

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What are the best cities to buy a home based on your occupation?

Posted by   /  January 31, 2019  /  Real Estate  /  No Comments

See how Phoenix and Tucson buyers fare Robert Demeter | PropertyShark In the age of renters, buying a home for some is only a distant dream. Most of the younger generation is mired in student loan debt and stuck paying high rents, with slim chances of saving even a penny for a down payment. Homeownership is especially […]

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Housing can’t be both affordable and a good investment

Posted by   /  November 21, 2018  /  Real Estate  /  No Comments

Builder Here’s an interesting yet flawed analysis of using a house as an investment from the left-leaning CityLab. The piece fails to account for the effects of building equity, pride in home ownership and the lack of rent expense and uses a most unusual city on which to base its claims. Moreover, it does not analyze […]

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Millennial homeownership rate rises to 37%

Posted by   /  October 31, 2018  /  Real Estate  /  No Comments

By Na Zhao | REALTORMag According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 64.4% in the third quarter of 2018, which is not statistically different from its last quarter reading. The national homeownership rate demonstrated stability during a quarter in which housing markets softened due to declining affordability conditions. […]

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