Financial Anxiety, Ongoing Uncertainty Keeping Sellers on the Sideline
Among homeowners considering selling in the next 3 years, life uncertainty and financial anxiety are some of the main reasons holding them back.
Financial Anxiety, Ongoing Uncertainty Keeping Sellers on the Sideline
Among homeowners considering selling in the next 3 years, life uncertainty and financial anxiety are some of the main reasons holding them back.
Latinx Americans are Driving U.S. Homeownership Gains, But Wide Gaps Remain
Latinx homeownership has made huge strides over the past decade. But this community remains underrepresented among homeowners, and faces unique challenges.
In all of the nation’s 50 largest metro areas, block groups that are at least 90% single-family, detached houses are whiter than the metro as a whole.
LGBTQ+ Buyers & Renters Face More Challenges, Costs when Searching for a Home
Many of the housing challenges faced by LGBTQ+ households in general are even more extreme for LGBTQ+ home buyers and renters of color.
LGBT Home Buyers May Be Priced Out of Areas With Legal Protections From Discrimination
The typical cost of buying a home in areas with explicit legal protections for the LGBT community is $328,575, ~63% more than areas with no protections.
Homeowners Embrace “Missing Middle” Housing, Remain Wary of Large Apartment Development
Among homeowners, support for so-called “missing-middle” housing options – the creation of mother-in-law suites and or allowing for duplex/triplex development on current single-family lots – is widespread.
Where and Why the Upfront Costs of Renting Differ So Widely
When controlling for age, income, home type, urbanicity, and region, LGBTQ+ renters are more than 1.4 times as likely to pay an application fee. Renters of color are more than twice as likely.
Sacrifices People Make to Afford the Rent
The U.S. median rent now consumes 27.8% of the country’s median income – nearing the 30% tipping point above which rent is considered unaffordable and the 32% tipping point above which communities can expect a more rapid increase in homelessness. What that looks like at the individual renter level is sacrifice.
Dead Neighborhoods: Where Cemeteries Might Influence How Much Buyers Save or Spend
An abundance of nearby graveyards may help scare up neighborhood home values or bury them, according to a Zillow analysis.