homeownership Archive

Latest Consumer Confidence (June 2015)

A good-paying job today but an anxiety about a job cut tomorrow does not inspire confidence.  Good thing that the job market has consistently been improving.  No surprise then that more Americans are expressing a greater confidence about the...

Latest Employment Situation by State (May 2015)

The best state for job creation was Utah as of May, marking several consecutive months of being on top.  Utah’s job creation rate was 3.8 percent over the past 12 months.  The West region is doing particularly well with...

Homeowner Equity as a Share of the Value of Real Estate Could Normalize Within the Year

  Just as the rise in home prices had slowed in the middle quarters of 2014, the rise in owners’ equity in real estate slowed.  Now, however, as home prices are accelerating, owners’ equity in real estate is growing...

Latest Housing Starts (April 2015)

New home construction is desperately needed to alleviate the on-going inventory shortage in much of the country.  Good news!  Housing starts rose decisively in April.  The growth in new home construction will further help expand employment in the construction...

Rental Vacancy and Homeownership Rates

The seasonally adjusted homeownership rate fell for the 7th consecutive quarter to 63.8% in the 1st quarter of 2015, the lowest level in more than two decades.  Homeownership peaked at 69.4% in the 2nd quarter of 2004. The sharpest...