In a Recovering Market, Homeownership Rates Are Down Sharply for Blacks, Young Adults
Homeownership in America stands at its lowest level in at least 20 years. The decline has been more pronounced among households headed by young adults, blacks and those in the lower income tier.
Demographics of Asian Americans
The demographic data shown here display the varied population sizes and characteristics of the largest Asian origin groups. The numbers shown here come from two Census Bureau sources. The population rankings use counts from the 2010 Census for the total Asian-American population and for 20 Asian origin subgroups. The adult characteristics table is derived from […]
Young Adults After the Recession: Fewer Homes, Fewer Cars, Less Debt
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]
Home Sweet Home. Still.
The collapse of the U.S. housing market has not shaken the public’s confidence in the investment value of homeownership.
A Third of Public Says It’s Sometimes OK for Homeowners to Stop Making Mortgage Payments
More than a third (36%) of Americans say the practice of “walking away” from a home mortgage is acceptable, at least under certain circumstances.
Even as Housing Values Sink, There’s Comfort in Homeownership
Not even a housing-led recession can shake Americans’ faith in the blessings of homeownership.
As Home Prices Cool Down, Homeowners Temper Their Optimism
Despite a record drop this past year in the median sales price of existing homes, more than eight-in-ten homeowners expect the value of their homes to go up either “a little” (55%) or “a lot” (26%) in the future.