Tag Archives: Economy
Homes have been getting bigger over the decades
Source: Realtor.com From extra bedrooms and bathrooms to more overall square footage, homes have been growing over the years, according to the U.S. Census Bureau's 2016 Characteristics of New Housing report. In 1978, more than half of new...
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America’s declining mobility has millennials feeling stuck
Source: Curbed LA According to the latest data from the U.S. Census Bureau, the percentage of Americans moving over a one-year period fell to an all-time low of 11.2 percent last year (domestic migration shrunk in half since 1965). The drop is...
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Millennials are powering the housing market
Source: NBC News Millennials were the largest group of home buyers (34 percent) for the fourth consecutive year, according to NAR's 2017 Home Buyer and Seller Generational Trends study. By comparison, baby boomers were 30 percent of...
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It’s cheaper to buy a home than rent, but only if...
Source: CNBC The supply of listings in April fell 9 percent compared with a year ago. Unfortunately for buyers, the cheapest segment of the market is where supplies are lowest. Home prices...
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Homeless population in LA County jumps 23 percent; officials blame rising...
Source: KPCC Radio The number of homeless in Los Angeles County has continued to rise, jumping an astonishing 23 percent this past year, a clear sign that major challenges lie ahead as the region embarks on its most...
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Talking Points
According to the National Association of REALTORS® (NAR), total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dipped 2.3 percent to a seasonally adjusted...
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