Living the ‘Homemade’ Life in Bend, Oregon
'The thing that makes Bend feel like home to me is whenever I see the Cascade Mountains off in the distance.'
Homes Sold Faster Than Ever in 2017
As demand has outpaced supply in the housing market over the past three years, buying a home has become an exercise in speed and agility. The median valued home flew off the market in just 81 days last year, which was nine days faster than the year before.
Mortgage Rates Steady Despite Trade Tensions, Mixed Jobs Report
Breaking news and soft inflation data on Wednesday put slight downward pressure on mortgage rates, but they remained remarkably steady, which suggests that, at least for now, markets are writing off recent developments as transitory.
Black and White Homeownership Rate Gap Has Widened Since 1900
In 1900, the gap in the homeownership rate between black and white households was 27.6 percentage points. It's now 30.3 percentage points, the widest among whites, blacks, Hispanics and Asians – although the difference between white and Hispanic homeownership rates has more than tripled. Asians have seen the largest gains, although their homeownership rate still lags whites.
Why White and Asian Home Buyers Have an Advantage Over Black, Hispanic Buyers
A white American household could reasonably afford a home almost two-thirds more expensive than a black household in 2017, giving them significantly more flexibility to find an affordable home last year in an incredibly competitive housing market marked by low inventory.
10 Most Affordable Markets for Renters
Markets with low rents might not be as affordable as they seem when you consider the earning power of people who live there. Pittsburgh, St. Louis and Oklahoma City top the list of metros that pass a more realistic test.
Hispanics and the Homeownership Divide
Although Hispanics say that owning a home is necessary to live the American Dream, only 45.6 percent do -- only slightly above the 40.2 percent who owned homes in 1900. Hurdles include saving down payments, establishing credit scores and finding the right mortgage.
Asians and the Homeownership Divide
Asians have been deeply affected by discriminatory housing policies from the 20th century, including redlining and restrictive racial covenants. Many Asian Americans, especially first-generation immigrants, face cultural barriers to the U.S. style of lending and home buying.
African Americans and the Homeownership Divide
The homeownership gap between blacks and whites has been the same for more than a century. Here's a look at how redlining, minority loan restrictions, government funding of white-only suburbs and other factors account for that stark reality.
Homes ‘Earn’ at Least Minimum Wage in Almost Half the Largest U.S. Cities
The rapid pace of home value appreciation over the past year may present homeowners in several large U.S. markets with an interesting dilemma: Why work a 9-to-5 slog, when you can sit back and collect substantial hourly home equity “earnings” instead?
