On the Move: Why Young Adults Today Are More Mobile Than Previous Generations
Untethered from family and enticed by new job opportunities, young adults are more mobile today than they have been in the nearly 60 years for which data are available.
On the Move: Why Young Adults Today Are More Mobile Than Previous Generations
Untethered from family and enticed by new job opportunities, young adults are more mobile today than they have been in the nearly 60 years for which data are available.
Musicians Struggle to Afford Housing in ‘Music City’ Nashville
Nashville is known as Music City, but many homes on both the for-sale and rental market remain out of reach for musicians and singers. In the entire Nashville metro area, musicians could afford the monthly mortgage payment in about three-quarters of ZIP codes, thanks to low mortgage interest rates. But the typical musician could afford rent in just five of the Nashville metro area ZIP codes.
14 Million Millennials Still Live With Mom
More than 14 million young adults nationwide -- or 21.9% of people ages 23 to 37 -- live with their mothers, up from 12.7% in 2000.
How the Housing Bust Widened the Wealth Gap for Communities of Color
When the housing market went bust, homes in communities of color were more likely to succumb to foreclosure than homes in white communities.
Homes With Solar Panels Sell for 4.1% More
Nationally, homes with solar-energy systems sold for 4.1% more on average than comparable homes without solar power. For the median-valued home, that translates to an additional $9,274.
Selling a Home Costs $20,851, Most of It Taxes and Commissions
With more than half of sellers doing so for the first time, these common but often overlooked expenses might come as a surprise.
U.S. Housing Affordability Crisis Rooted in Urban Cores
An urban renter household earning the median U.S. household income should expect to pay 36.8 percent of their income on rent each month.
The Housing Bust Widened the Wealth Gap. Here’s How.
The wealth gap between the rich and poor worsened throughout the housing bust, as millions lost the roof over their heads and the wealth that came with it.
Nearly $10K a Year: Taxes, Insurance, Other Homeowner Costs
U.S. homeowners can expect to spend almost $9,400 a year on costs associated with owning and caring for a home. That’s about $780 a month on top of a monthly mortgage payment.
A Greater Share of Rentals Are Out of Reach for Blacks, Hispanics
The typical black household could spend twice as much of their paycheck on rent as a workaday Asian household and still afford fewer rentals. In Boston, a typical white household can afford 34 times as many rental listings as a typical Hispanic household.
