Tag Archives: Census Bureau

The Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) Thursday for problems qualified Limited English Proficiency (LEP) borrowers face during the mortgage lifecycle. Per FHFA’s 2017 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions, the GSEs must identify major challenges for LEP borrowers in accessing mortgage credit, analyzing potential solutions, and developing a multiyear plan appropriate for the Enterprises to support improved access. By better understanding the experience of LEP borrowers and those that serve them, the FHFA can successfully expand their statutory mandate.

An increase in building permits could potentially spark interest among potential homebuyers.

The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.

This week the Federal Reserve is looking to raise interest rates, key housing indicators will show how the market is doing, there's a look at key economic indicators as 2015 closes, and we get a preview of how consumers are looking at things going into 2016. Read on.

Despite the booming popularity of the single-family rental market, the share of homes being built specifically for rental purposes is still just a small piece of the housing market.

Vacancy rates in rental housing were highest outside of Metropolitan Statistical Areas at 9.2 percent and were lower in principal cities at 7.7 percent and suburbs at 6.2 percent. The homeowner vacancy rate was also highest outside MSAs at 2.5 percent and was slightly lower inside principal cities at 1.9 percent and in the suburbs at 1.7 percent.

The June data determined that new single-family home sales were at a seasonally adjusted annual rate of 481,000, 6.8 percent below the revised May rate of 517,000 and is 18.1 percent above the June 2014 estimate of 408,000.

Home ownership in the United States lost a little more ground last quarter, declining to a new 19-year low as consumers—particularly young adults—continue to grapple with debt and difficulties obtaining credit.

Among the 36 million people who moved between 2012 and 2013, a new study from the United States Census Bureau found that the most important reason to move was to find a new/better home or apartment. The study reported that 8 percent cited a desire for cheaper housing, while 5 percent said the most important reason for moving was to be closer to work or for an easier commute.

According to estimates released Friday by the Commerce Department, sales of new single-family homes last month were at a seasonally adjusted annual rate of 433,000, a 6.4 percent improvement over March’s upwardly revised rate of 407,000. March sales were originally reported at 384,000.