Millennials trail Baby Boomers and Generation Xers in the number of households they head. But Millennial-run households represent the largest group in some key categories, such as the number in poverty or the number headed by a single mother.
A new Census report reveals interesting regional differences in the characteristics of newly built homes.
Despite large and persistent gaps between blacks and whites on virtually every indicator of economic well-being, about half of all whites say the average black person is about as well off financially or doing better than the average white person, according to a survey released last week by the Pew Research Center.
Nearly nine-in-ten Americans now say having a secure job is essential to being in the middle-class; in 1991, it was homeownership.
High on Congress’ long to-do list is deciding what to do about Fannie Mae and Freddie Mac, the two giant government-run companies that dominate the nation’s mortgage market (together they accounted for 78% of all mortgage-backed securities issued in the first quarter of this year). Which is another way of saying, Congress has to decide […]
With the stock market hitting new highs and home prices marking their strongest gains since before the bubble burst, it’s starting to feel like a real economic recovery. But which is the better investment over time? That depends largely on your definition of “long term.” As the accompanying charts show, since the formal end of […]
Tuesday’s report on the S&P/Case-Shiller home-price index showed a 9.3% increase between February 2012 and February 2013 — the biggest year-over-year increase in the 20-city composite index since before the housing bubble burst. Is housing, at long last, on the road to recovery? Many Americans already think so. A Pew Research survey in March found […]