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Public Transit Drives Americans’ Home Buying Decisions

September 30, 2014
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A first-of-its-kind study about attitudes toward public transportation reveals the growing importance of mixed-use, transit-oriented residential development. Who’s on Board: The 2014 Mobility Attitudes Survey from Transit Center is the first to compare rider and non-rider attitudes by age, income, education, family status and ethnicity, and to examine both cities and suburban areas across various regions of […]

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Increase In Doubled-Up Homes Isn’t Just Young Adults Moving In With Their Parents

September 29, 2014
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With the economy growing in fits and starts, an increase in “doubled-up” homes isn’t just young adults moving into their parents’ basements, according to a recent economic research note. The number of in-laws and nonrelatives added to family households picked up last year, housing economist Thomas Lawler wrote. Lawler found that in 2013, the population […]

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Why Everybody Is Moving To Texas

September 29, 2014
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More Americans moved to Texas in recent years than any other state: A net gain of more than 387,000 in the latest Census for 2013. And Austin was the fastest growing major city. Jobs is the No. 1 reason for population moves, with affordable housing a close second.”It take two things to draw people inland […]

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When Mortgage Rates Rise

September 26, 2014
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Mortgage rates have remained relatively low this year, and little changed, despite previous predictions of an inevitable rise. Borrowers, though, may be wondering how much longer this environment can last. Economists such as Stan Humphries, the chief economist for Zillow, are now predicting that the average 30-year fixed-rate mortgage will hit 5 percent by the […]

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U.S. New-Home Sales Surge 18% In August: Highest Level Since 2008

September 24, 2014
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Sales of newly built homes surged in August to the highest level since 2008, an early sign of higher consumer demand that could boost the broader housing market. New-home sales climbed 18% in August from a month earlier to a seasonally adjusted annual rate of 504,000, the Commerce Department said Wednesday. That marked the biggest […]

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The Goal Of Homeownership Still An Important Part Of The American Dream For Millennials

September 24, 2014
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A recent survey of younger Americans illustrates that the goal of homeownership remains an important part of the American Dream. The study from the Demand Institute surveyed 1,000 18 to 29 year olds about current conditions and market preferences. The findings indicate that homeownership remains an important long-term goal. Among the findings for Millennials, over […]

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Consumers Still Expect Rising Home Prices

September 23, 2014
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More than half of the respondents in a national poll accompanying Bankrate’s monthly Financial Security Index say they think home prices will go up in the next 12 months. This positive outlook mirrors what industry experts expect, even as the pace of home sales and home price appreciation have slowed compared with last year. “This […]

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Builder Confidence Hits Highest Level Since November Of 2005

September 19, 2014
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Builder confidence in the market for newly built, single-family homes rose for a fourth consecutive month in September to a level of 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This latest four-point gain brings the index to its highest reading since November of 2005. “Since early summer, builders in […]

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What Makes Us The Happiest About The Places We Live

September 19, 2014
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We know a lot about what makes Americans satisfied with their personal lives, jobs and careers, but much less about what make them satisfied with the places where they live. So what are the key factors that really shape how happy we are with the places we live? CityLab used the Atlantic Media/Siemens State of […]

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U.S. Housing Starts Fall, But Broader Trends Look Solid

September 18, 2014
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U.S. home builders ramped up construction this summer as more families entered the market, but a tumble in August and other obstacles are clouding the sector’s outlook. Construction of residential units surged to a post-recession high in July before falling last month, settling at an annual rate of 956,000 new units. That was 8% higher […]

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