Share of renters who qualify to buy a home in the largest metro areas.

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Top Markets Where Renters Can Afford to Buy

The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 1965[1]. After the recent housing downturn, it has been suggested that some are more hesitant to buy a home, and while data show...

Former Renters: 38 Percent of Homebuyers in February 2016

Home buyers who were renting immediately prior to their recent home purchase accounted for 38 percent of sales in February 2016 (40 percent in January 2016; 38 percent in February 2015), according to the February 2016 REALTORS® Confidence Index...

The Profile of Homeowners and Renters by Metro Area

Based on the American Community Survey 2014, the typical homeowner is 45-54 years old, married, and lives in a single-family detached unit. In contrast, the typical renter is 25-34 years old living alone in multi-unit structures (mostly with 5-9...

Accelerating Housing Costs Has Renters Feeling the Squeeze

The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises according to new research by the National Association of Realtors®....