The Typical U.S. Renter is Expected to be ‘Housing Cost Burdened’ By the End of 2021
Rent paid as a share of income is forecast to rise beyond 30% by December for the typical U.S. renter, which is considered housing burdened.
The Typical U.S. Renter is Expected to be ‘Housing Cost Burdened’ By the End of 2021
Rent paid as a share of income is forecast to rise beyond 30% by December for the typical U.S. renter, which is considered housing burdened.
The Great Reshuffling Is Changing How Far Americans Are Willing to Commute
As remote work became more commonplace during the pandemic, Americans shifted their priorities away from quick office access and towards home affordability.
It’s Harder to Save for a Down Payment, But Today’s First-Time Buyers Have Some Unique Opportunities
The typical U.S. renter should expect it to take more than a quarter century to save for a 20% down payment on the typical U.S. starter home.
Acceleration in Student Loan Debt Could Block Millions From Homeownership
Mounting student debt risks putting many would-be homebuyers -- particularly buyers of color -- very close to or over conventional debt-to-income ratios.
Expanding Access to Credit Could Shrink the Homeownership Race Gap
There is a direct correlation between credit security -- a strong credit history and structural access to credit offerings -- and higher homeownership.
How The Condo Market Stalled in 2020, Even as Single-Family Homes Soared
As the market heated up for single-family homes in 2020, the condo market cooled, with rising inventory and a higher share of listings with price cuts.
A Raise Will Help Minimum Wage-Earning Renters, But Their Burden Remains Very High
In 37 of 45 large metro areas analyzed, an increase in minimum wages will lower rent burdens for minimum-wage-earners by at least 1 percentage point.
Women More Likely to Face Housing Insecurity in Pandemic-Led Recession
Women are more likely than men to be unemployed, renters and caregivers as the pandemic grinds on, increasing their risk of becoming housing-cost burdened.
Black Applicants Are Far More Likely to be Denied a Mortgage
Despite recent growth in Black homeownership rates, Black homeowners still face disproportionate challenges when trying to secure their dream home.
Newly Unemployed Service Workers Owe More Than $1.7 Billion in Monthly Housing Payments
More than 25% of the total housing payments due from U.S. food service workers is owed by those who are newly unemployed during the coronavirus pandemic.
