homeownership Archive

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...

Using NAR Research to Address Prospective Buyer Concerns “What If We Have Another Recession?”

The changes of another recession are essentially 100 percent—at some point in time we will almost certainly have another recession.  What does this mean for homeownership?  In the case of homebuyers, possibly much less than one would think. The...

Using NAR Research to Address Prospective Buyer Concerns “Is Now a Good Time to Buy?”

REALTORS® can use NAR Research information to give the customer a different perspective on the question of whether to buy: the press encourages clients to think in terms of price.  Price is important, but the main reason clients want...

Latest Employment Condition (March 2015)

Job growth slowed markedly in March. It is likely a one-month hiccup.  The broad job market conditions will likely re-strengthen in the upcoming months simply because the number of new filing for unemployment insurance has been rapidly declining.  In...