10 years after housing market crash, how Rochester is faringMary Chao, Rochester Democrat and ChroniclePublished 7:00 a.m. ET Aug. 8, 2018David Richard and Kate Burt say they wanted more space and
Affordability Is Main Hurdle For Aspiring Home Buyers
NAR released a new Aspiring Home Buyers Profile that captures the consumer sentiment of the housing market for non-homeownersâ€”defined as those that rent and those that live with someone else (such as family and friends) rent-free. The report is aptly named, for nearly nine in 10 non-homeowners expressed the desire to own a home of their own one day and eight in 10 stated that homeownership is part of their American Dream.
A third of all U.S. consumers households surveyed in 2016 were non-homeowners (34 percent), which is a sizable number of people who want to own a home but havenâ€™t found a path to homeownership just yet. Of non-owners, 26 percent were renters and 11 percent were those living with someone else without paying rent. The typical non-owner is under 34 years of age (59 percent), has an income of less than $50,000 (64 percent), and lives in suburban areas (43 percent).
Real Estate is my passion and I have served over 100+ clients and the excitement of seeing them get into their new home never gets old. Some never even thought they could buy or ever own. I love ser....
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tHIS HOME HAS BEEN LOVED BY THE SAME OWNER FOR OVER 40 YEARS. THE HOME HAS WOOD PARQUET AND TILE THROUGHOUT THE HOME. 3 BEDROOMS WITH A SUITE ROOM IN BACK OF HOUSE AND THE KITCHEN
New York State home sales set second quarter recordThe New York State housing market set a record high for second quarter home sales, reaching 32,444 homes sold, according to the housing market