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Category Archives: Housing

In Post-Recession Era, Young Adults Drive Continuing Rise in Multi-Generational Living

“A record 57 million Americans, or 18.1% of the population of the United States, lived in multi-generational family households in 2012, double the number who lived in such households in 1980. After three decades of steady but measured growth, the arrangement of having multiple generations together under one roof spiked during the Great Recession of 2007-2009 and has kept on growing in the post-recession period, albeit at a slower pace, according to a new Pew Research Center analysis of U.S. Census Bureau data. Young adults ages 25 to 34 have been a major component of the growth in the population living with multiple generations since 1980—and especially since 2010. By 2012, roughly one-in-four of these young adults (23.6%) lived in multi-generational households, up from 18.7% in 2007 and 11% in 1980Historically, the nation’s oldest Americans have been the age group most likely to live in multi-generational households. But in recent years, younger adults have surpassed older adults in this regard. In 2012, 22.7% of adults ages 85 and older lived in a multi-generational household, just shy of the 23.6% of adults ages 25 to 34 in the same situation.”

2014 CoreLogic Storm Surge Analysis

News release: “CoreLogic®, a leading global property information, analytics and data-enabled services provider, today released its 2014 storm surge analysis featuring estimates on both the number and reconstruction value of single-family homes exposed to hurricane-driven storm surge risk within the United States. According to the findings, more than 6.5 million homes along the U.S. Atlantic and GulfContinue Reading

Utah Is on Track to End Homelessness by 2015 With This One Simple Idea

Via NationSwell – “Utah has reduced its rate of chronic homelessness by 74 percent over the past eight years, moving 2000 people off the street and putting the state on track to eradicate homelessness altogether by 2015. How’d they do it? The state is giving away apartments, no strings attached. In 2005, Utah calculated the annualContinue Reading

FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages

FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in default) inContinue Reading

3D printer constructs 10 buildings in one day from recycled materials – ComputerWorld

Lucas Mearian: “A Chinese company has become the first to construct multiple buildings using 3D printers that extrude recycled building materials at breakneck speed. Using four huge 3D printers, Yingchuang New Materials Inc. was able to print the shells of 10 one-room structures in 24 hours and at a cost of only about $5,000 per building. TheContinue Reading

Policies to Address Poverty in America

“Millions of people live in poverty in this country. They suffer not only material deprivation, but also the hardships and diminished life prospects that come with being poor. Childhood poverty often means growing up without the advantages of a stable home, high-quality schools, or consistent nutrition. Adults in poverty are often hampered by inadequate skillsContinue Reading

FTC – A handy consumer resource

“How does a fixed rate mortgage compare to a variable rate mortgage? What can you do about a store that doesn’t honor its refund policy?  What if you have a complaint about an insurance company? The world can be a tricky place for consumers. It takes time and energy to research companies, compare products, and stay up-to-dateContinue Reading

New residential property price data sets – BIS

Selected residential property price series - The detailed data set of nominal residential property prices consists of around 300 series from 54 countries, collected from national central banks. The data set is updated on a monthly basis. Residential property price developments – fourth quarter of 2013 Long series on nominal residential property prices - “The long series haveContinue Reading

Easier Commutes and Cheaper Housing are Increasing as Main Reasons for Moving

“Among the 36 million people 1 year and over who moved between 2012 and 2013, 5 percent said the most important reason for moving was to be closer to work or for an easier commute, while another 8 percent cited the desire for cheaper housing, according to a report released today by the U.S. CensusContinue Reading

Federal Reserve Board Beige Book – June 4, 2014

Summary of Commentary on Current Economic Conditions by Federal Reserve District: “Economic activity in the Second District has continued to grow at a moderate pace since the last report. Prices of finished goods and services remained generally stable, and businesses report modest upward pressure on input prices. Manufacturers report that business activity has picked up considerablyContinue Reading

2013 Characteristics of New Housing

“Using data collected by the U.S. Census Bureau’s Survey of Construction, which is jointly funded by the Department of Housing and Urban Development, this report provides annual statistics on the characteristics of new privately owned residential structures in the four U.S. regions. The report includes characteristics such as the number of bedrooms and bathrooms, the type ofContinue Reading

Why Closing the Racial Wealth Gap is a Priority for National Economic Security

Center for Global Policy Solutions: “Despite overwhelming evidence that the racial wealth gap persists in the U.S., it remains a taboo topic in mainstream policy circles and most officials studiously avoid offering targeted solutions to help close this gap. However, this issue is ignored at our nation’s peril given the anticipated growth of racial andContinue Reading