Renter population Vs. homeowner population
According to a recent MReport, the population of American renters has declined from 111 million to 109 million since 2015. Data released in September of 2020 from the U.S. Census stated that the population of homeowners has increased in recent years, reaching roughly 213 million. A recent study [...]
Optimistic reports from buyers and sellers
According to a recent MReport, consumers in October had a more optimistic view of both buying and selling homes. Consumers also reported a less positive outlook on personal finances and employment. MReport made these conclusions from a survey conducted by Fannie Mae’s Home Purchase Sentiment Index. Doug Duncan, [...]
Older Adults’ Access to Housing
According to a recent MReport and a collaborative study conducted by Harvard Joint Center for Housing Studies and AARP PublicPolicy Institute, a generation’s desire to “age-in-place” has created a need for policymakers to assess how well they are meeting the needs of homeowners at this life stage. Senior [...]
Economic recovery in minority households
According to a recent MReport, people and neighborhoods of color are disproportionately suffering from the COVID-19 fallout. Even after months of housing policy intervention, such as eviction and foreclosure bans at both state and federal levels, people of color are struggling to recover from the pandemic. The report [...]
Increase in existing home sales
According to a recent MReport and a National Association of Realtors report, existing home sales increased quite a bit in September. The median price that existing homes sold for in September was $311,800. This was 14% higher than the median price in September of 2019. The NAR’s report [...]
Where does generation z want to live?
A recent MReport and LendingTree study revealed that Generation Z is beginning to shop for homes, despite the ongoing pandemic. The study conducted by LendingTree analyzed the most popular destinations for Gen Z buyers and other home buying behaviors. The LendingTree report stated, “Gen Zers comprise just under [...]