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UrduThe Kem C. Gardner Policy Institute’s State of the State’s Housing Market report provides a detailed analysis of current market conditions in Utah, which shows residential construction activity, existing home sales, housing shortages, and affordability were all impacted in a way not seen since the Great Recession.
Tag: Housing Market
Never-married adults comprise lowest percentage of U.S. homeowners, new BGSU research finds
Roughly 48% of adults who have never been married owned a home in 2021. Divorced adults comprised 59% of homeowners, with widowed individuals at 71%. Married adults contributed to the largest share of ownership at 80%.
Economics Expert: Recession May Already Be Here
As federal interest rates climb and the U.S. economy continues to retract, fears of an impending 2023 recession loom large in the minds of Americans. However, as one economics expert notes, the nation may already be experiencing one. “The slowdown…
Fed Chair’s Housing Market ‘Correction’ Projection: UMD Smith Mortgage Risk Expert Available
Financial risk expert Clifford Rossi at the University of Maryland’s Robert H. Smith School of Business is available to comment surrounding Fed Chair Jerome Powell stating that the U.S. housing market will probably go through a “correction” after a period of “red…
GW Expert Can Discuss Housing Market Trends and Analysis
Existing home sales fell slightly for a third straight month, according to April data released by the National Association of Realtors. A finance and economics professor at the George Washington University says a slowdown in home prices and production could…
Most New Jerseyans Say Housing Costs are a Serious Problem; Racial and Ethnic Disparities in Housing Access
Almost nine in 10 New Jerseyans consider the cost of housing to be a “very serious” (55 percent) or “somewhat serious” (32 percent) problem, according to the latest Rutgers-Eagleton Poll in collaboration with the Housing and Community Development Network of New Jersey. Similarly, eight in 10 feel it is “very” (49 percent) or “somewhat” (32 percent) difficult to find an affordable place to rent in New Jersey based on what they have experienced or heard.
NJ Maintains Economic Momentum, Defying National Trend
New Jersey’s economy is defying the national trend of a slowing recovery momentum from COVID-19-driven economic losses. The Garden State’s comeback is proceeding far faster than New York City’s recovery across the Hudson River, according to a new Rutgers report.