#homeownership-trends

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fromFortune
1 week ago

Gen Z's housing bust laid bare: 15 million more adults under 35 are living with their parents than a decade ago | Fortune

A potentially worrisome trend is emerging among young adults. Instead of landing a job and moving to the big city after graduation, many are moving back into their childhood homes instead. About 1.5 million more adults under 35 live with their parents today than a decade ago. That's a 6.3% jump, more than double the rate of growth for the young adult population overall.
Real estate
Real estate
fromThe Mercury News
2 weeks ago

34% of California's homeowners are mortgage-free

Homeowners without mortgages grew far faster than those with mortgages—California's mortgage-free homes rose 16% while mortgaged owners increased only 2%.
Real estate
fromwww.ocregister.com
2 weeks ago

34% of California's homeowners are mortgage-free

Mortgage-free homeownership rose markedly nationwide, with California's mortgage-free homes growing 16% while mortgage-held homes rose only 2% over five years.
Retirement
fromwww.housingwire.com
6 months ago

US home equity has reached $35 trillion. It's a blessing and a curse

High home equity can reduce college financial aid eligibility while homeowners face financial strain and hesitancy to sell.
Market volatility and rising property taxes complicate home equity utilization and home sales.
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