As household formation strengthens and returns to previous levels over the next ten years, a new report from the Demand Institute projects that demand for rental housing will continue to lead the way and the home ownership rate is unlikely to revert to previous highs seen during the housing boom in the early 2000s. According to the report, while … Read More »

A new survey from Bankrate found that primary reason 29 percent of renters can’t buy a home is they can’t afford a down payment.  However, at least one out of five of them are overestimating how much they think they will have to raise for a down payment. The more than 3250 non-homeowners participating in the survey expect that they … Read More »

Though 2015 was dubbed the Year of the Millennial, though the final sales data are not yet in, actual purchases by young first-time buyers disappointed many real estate observers. Between July 2014 and June 2015. first–time buyers declined to 32 percent (33 percent a year ago), which is the second–lowest share since the survey’s inception (1981) and the lowest since … Read More »