Q3 2016 Homeownership Rate: Signs of a Turning Tide?
An encouraging quarterly uptick in the homeownership rate in Q3, and a close examination of its core driving factors, suggests the decade-long streak of annual homeownership declines may be on the cusp of reversing.
A lack of new home construction in the wake of the housing bust – especially in some of the nation’s hottest and most desirable housing markets – coupled with an aging housing stock is leading to a bump in the share of homes listed for sale in need of a little TLC.
Is Your City Building Enough Housing? Weighing Today’s Housing Promises Versus Past Housing Delivery
A lack of new housing supply has been blamed for a raft of housing issues plaguing many large U.S. housing markets, including rapid appreciation, deteriorating affordability (especially at the lower end of the market and for renters) and very limited inventory. In response, mayors’ offices nationwide have formulated plans focused on building new housing and rehabilitating and preserving what housing already exists. But are these plans enough, and are they feasible?
The Elusive Truth on Domestic Migration: Comparing Data Sources on U.S. Cross-County Migration
When it comes to regional migration within the United States – one of the most important factors influencing local demand for everything from homes to schools and roads – there are at least three, sometimes dramatically different though all semi-official, data sources.
Some Western Boomtowns Buck the National Trend in Homeownership
The homeownership rate in the United States has declined steadily over the past decade, touching 50-year lows in early 2016. But some booming and still relatively affordable parts of the country are bucking the national trend, according to an analysis of 2015 American Community Survey data.
Coming and Going: What Home Views Do, and Don’t, Reveal About Our Potential Moves
In fashion, as it has been famously said, you’re either in or you’re out. And real estate is often the same way in certain markets, with more people either looking to move in – based on their home searches on Zillow – or looking to move out.
Zillow Housing Confidence Index: Homeowners Got Swagger, But Buyers Increasingly Discouraged
Homeowners have a lot of swagger in today’s market, and for good reason – home values are rising, demand is high and homes are selling very quickly. But the same trends helping to buoy homeowner confidence are also proving increasingly discouraging for potential buyers, particularly among current renters, a critical imbalance that could have important impacts on the market going forward.
Q2 2016 Negative Equity Report: Why Cities and Suburbs Are Only Sometimes Impacted Similarly
At its worst, negative equity touched all kinds of homeowners in all kinds of markets. The type of community a given home was in – urban or suburban – mattered little. Fast-forward a few years, and the relative vibrancy of a given community and how it has performed over the past few years, and not necessarily its location in the city or suburbs, matters a great deal.
Urban Ascendant: Home Values in and Around Washington, D.C.
The housing market in and around Washington, D.C., has fundamentally transformed over the past decade. Perhaps more than any other U.S. market, the nation’s capital sharply illustrates the extent of urban renaissance experienced in many cities nationwide, and the diverging post-Recession fortunes of the nation’s urban and suburban communities.
What If the Housing Bubble Never Happened?
Most U.S. homes are still worth far less than they “should” be if there were never a housing bubble and home values had instead grown at historic norms between 2000 and 2016.
