Does Greater Educational Achievement Increase the Likelihood of Homeownership?
By
Odeta Kushi on October 14, 2021
We’re often told that education is the key to a more secure financial future. Most people spend at least 12 years of their lives as students and even more if they pursue higher education. But does more education equate to increased earning potential? And, if so, does the increased earning potential translate to a greater likelihood of becoming a ...
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How Does Delta Variant-Fueled Economic Uncertainty Impact Housing Market Potential?
By
Mark Fleming on September 22, 2021
Housing market potential continued to strengthen in August, according to our Potential Home Sales Model, increasing 0.05 percent compared with July. The market potential for existing-home sales is now nearly 10 percent higher than in August of 2020, when the housing market’s summer rebound was ramping up following the initial pandemic-driven ...
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How the ‘Delta Dip’ Boosted Housing Market Potential
By
Mark Fleming on August 20, 2021
Housing market potential strengthened in July, according to our Potential Home Sales Model, increasing 1.3 percent compared with June. It is now nearly 16 percent higher than in July of last year, when the housing market’s summer rebound began, following the initial pandemic-driven decline in the spring.
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Why Owning a Home was Cheaper than Renting in All 50 Top U.S. Markets
By
Odeta Kushi on August 16, 2021
When potential first-time home buyers consider making the transition to homeownership, they ask themselves whether it makes more financial sense to keep renting, or to buy. The pandemic has undoubtedly impacted that calculation. Annual house price appreciation skyrocketed during the pandemic, reaching an average of 17.5 percent annual growth in ...
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Housing Supply Limiting Market Potential
By
Mark Fleming on July 16, 2021
Housing market potential strengthened modestly in June, increasing 0.2 percent compared with May, according to our Potential Home Sales Model. Potential home sales are nearly 17 percent higher than the pandemic-driven decline last June.
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Pandemic Accelerated 'Roaring 20s' of Millennial Homeownership Demand
By
Odeta Kushi on June 29, 2021
National Homeownership Month takes on a new meaning this year, as the pandemic has redefined the role of a home. A home is not just a dwelling or even just a vehicle for wealth creation, but also an office, a classroom, a daycare and even a gym. A home, now more than ever, has become a top priority for American households. The broadening role of ...
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Housing Millennials Homeownership Progress Index Homeownership