homeownership Archive

Veteran Ownership Outpaces Non-Veterans

Historically, the homeownership rate for veterans of the United States military has outpaced that of non-veterans. At the peak of the market in 2006, the ownership rate for veterans was 79.5 percent[1], 12.3 percentage points higher than that of...

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...

How Do Homeowners Accumulate Wealth?

Lawrence Yun for Forbes The differences between buying and renting are massive.  According to the Federal Reserve, a typical homeowner’s net worth was $195,400, while that of renter’s was $5,400.  The data reflects 2013 and the next survey of...

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...