No Place Like Home — Even if the Value Is in the Tank
Not even a housing-led recession can shake Americans’ faith in the blessings of homeownership.
One-In-Five Homeowners Feels “Underwater” On Mortgages
Those who say their homes are worth less than what they owe on their mortgages are generally younger, less affluent and more likely to be Hispanic or African American than are those who feel they would at least break even if they had to sell today.
Hispanics and the Economic Downturn: Housing Woes and Remittance Cuts
Latinos, especially the foreign-born, are feeling the sting of the economic downturn and, in some respects, even more so than the general population.
States Take Lead in Housing Crisis
From establishing foreclosure hotlines to temporarily freezing sub-prime interest rates, states are at the forefront of policymaking to minimize damage from the mortgage meltdown.
Economic Pessimism Grows as Nation’s Real Estate Slump Hits Wealthy Areas
Public assessments of the nation’s economy have fallen to a two-year low. Faced with a steady stream of negative news about the housing market, Americans are substantially less inclined than they were even a few months ago to say they expect home prices to rise over the next few years.
Are Americans out of Sync with Economic Reality?
Americans are far more optimistic than most real estate experts about the outlook for home prices but far more pessimistic than most economists and Wall Street watchers about the overall economic outlook.
As Home Prices Cool Down, Homeowners Temper Their Optimism
Despite a record drop this past year in the median sales price of existing homes, more than eight-in-ten homeowners expect the value of their homes to go up either “a little” (55%) or “a lot” (26%) in the future. However, these anticipated levels of future gains are not nearly as great as the gains that homeowners say they’ve experienced in recent years.
Who Are the Immigrants?
This Pew Hispanic Center statistical profile provides a detailed look at the foreign-born population in the United States.
With a foreign-born population of over 35 million, who are these immigrants and what do we know about them?