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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. As a result, homeownership rates among 28 to 34 year olds are dwindling, decreasing from 60% in 2007 to 49% in 2020, according to Zillow.

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Will Expiring Eviction Moratoriums Spur a Housing Crisis?

Pro Builder

Will Expiring Eviction Moratoriums Spur a Housing Crisis? Wed, 10/28/2020 - 08:54. billion in rent debt. But the tens of millions of people potentially caught in a web of home-rental debt and eviction would far exceed the 3.8 Houses are selling at record rates, and home prices have rarely been higher. cbroderick.

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Millennial Buyers Are Flooding the Housing Market

Pro Builder

Millennial Buyers Are Flooding the Housing Market. In 2020, millennials accounted for more than half of all home-purchase loan applications after surpassing baby boomers to become the largest living adult generation in the US. Housing Markets. Wed, 12/15/2021 - 09:52. Some distrusted homeownership as an investment.

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Investors Dedicated Billions to Built-For-Rent in 2020—Expect Even More in 2022

Pro Builder

Investors Dedicated Billions to Built-For-Rent in 2020—Expect Even More in 2022. The rate of site-specific market studies doubled in January—an indicator that developers and investors are eyeing land at a high rate for built-for-rent housing, according to Forbes. cbroderick. Tue, 02/23/2021 - 09:27. Are You Ready for Build to Rent?

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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The Future of Housing Could Be Built-For-Rent, Four-Bedroom Homes

Pro Builder

The Future of Housing Could Be Built-For-Rent, Four-Bedroom Homes. Thu, 12/10/2020 - 10:16. Pair that with the Millennial generation now at homebuyer age, in addition to holding the highest share of student debt in the country, and you have a perfect recipe for a growing demand in built-for-rent, four- and five-bedroom homes. .

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First-Time Buyers Persevere in Difficult Housing Market

Pro Builder

First-Time Buyers Persevere in Difficult Housing Market. In part, the increase in first-time homeownership was a result of a larger share of buyers in the market as well as the ability of many first-time buyers to live at home with family during the pandemic to save money before buying a house. Housing Markets. Purchasing.

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