Freddie Mac’s new report examines how additional demand from senior homeowners is affecting young adults looking to buy their first homes. Here’s what it revealed.
Read More »Why Aren’t More Renters Becoming Buyers?
With rent medians increasing at a record rate, a new report shows why homeownership isn’t being sought after as a solution.
Read More »California Gubernatorial Candidates on the State’s Housing Crunch
As California approaches the election for its new governor, its candidates have to face a big problem in their home state: housing. How will the leading candidates tackle the issues of housing shortages and rising prices in their home state?
Read More »Puerto Rico Evacuees Exacerbating Florida Housing Crisis
Update: This story has been updated to note FEMA's extension of the TSA program for Puerto Rico evacuees. Over three months after Hurricane Maria made landfall on the island of Puerto Rico, half of the island’s 3.4 million citizens are ...
Read More »The Hurdles of Housing Inventory
Housing inventory is historically low, and it’s driving up home prices—and demand—across the country. But what’s causing the shortage and how can the market overcome it? New data has some answers.
Read More »Tight Inventory Drives Apartment Demand Sky-high
As housing inventory continues to tighten, would-be homeowners are being driven toward renting—and the apartment market is struggling to keep up. According to a new study, the U.S. will need 4.6 million new apartments by 2030 in order to keep up with demand—or 325,000 every year. About 1 million new renter households were formed every year over the last five years. This steep jump is caused, in large part, by consumers delaying housing purchases. Aging and changes in consumer sentiment have also played a role, according to experts.
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