homeownership Archive

Potential First-time Buyers Still on the Sidelines

First-time buyers accounted for 31 percent of  buyers who closed a sale in August 2017, according to the August 2017 REALTORS® Confidence Index Survey.[1]  The share of first-time buyers has been improving, although slowly, from less than 30 percent...

Affordability is Main Hurdle for Aspiring Home Buyers

NAR released a new Aspiring Home Buyers Profile that captures the consumer sentiment of the housing market for non-homeowners—defined as those that rent and those that live with someone else (such as family and friends) rent-free. The report is...
February 14, 2017

Uses of Home Equity Loans Show Benefits of Homeowership

According to the Census Bureau’s latest data, the U.S. homeownership rate edged lower to 63.1 percent in the second quarter of 2016, with the homeownership rates falling across all age groups. [1] This is the lowest rate recorded since...

State of Housing in Swing States

Popular votes and their importance are debatable. The winners-take-all electoral votes in the swing states will determine who will be the next President of the United States. Many have already decided for whom to vote, but for some still...

Potential Buyers Want to Own, but Many Can’t Afford to

Positivity about owning a home is still high. In the latest HOME Survey, released earlier this month, 87 percent of people surveyed want to own a home in the future and 88 percent believe homeownership is a good financial...