Fannie Mae’s “Housing Insights” Examines Homeowner and Rental Markets was originally published on Chicago Agent Magazine, the leading source for news and perspective for real estate professionals in the Chicagoland area.
By Natalie Terchek Fannie Mae’s Economic & Strategic Research Group released a new edition of its Housing Insights survey that examines how the recession affected homeownership and rental markets. Interestingly, even with rents rising, homeownership rates are on a bit of a decline, specifically among young households. Housing Insights Survey ? Why Homeownership is Declining The recent decrease in homeownership rates is due to many factors, including tighter mortgage qualification criteria and losses of homes to foreclosure. Housing Insights reports that the national homeownership rate declined for four consecutive years, and was 2.6 ...
Fannie Mae’s “Housing Insights” Examines Homeowner and Rental Markets was originally published on Chicago Agent Magazine - For the well-informed real estate professional, the leading source for news and perspective for real estate professionals in the Chicagoland area.
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