The nation’s homeowners paid a median of $1,000 in monthly housing costs in 2009, compared with $808 for renters, according to data released today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. However, renters usually paid a higher percentage of their household income on these costs than did owners [...]
Posts under ‘stats’
Take a Break from Your Digital Devices – Your Eyes Will Thank You
Eye strain, fatigue and headaches are common indicators that your digital devices – including computer monitors, smart phones and video games – might be causing you discomfort. According to recent research with VSP Vision Care eye doctors, 33 percent reported that nearly one third or more of their patients suffer from symptoms of Computer Vision [...]
Fast Facts
Calif. median home price: June 2010: $311,950 (Source: C.A.R.) Calif. highest median home price by C.A.R. region June 2010: Santa Barbara So. Coast $914,760 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region June 2010: High Desert $125,620 (Source: C.A.R.) Calif. First-time Buyer Affordability Index – First quarter 2010: 66 percent (Source: C.A.R.) Mortgage [...]
Foreclosure activity increases nationwide – States with the most foreclosures
A new report shows 154 of the 206 U.S. metropolitan areas with a population of 200,000 or more posted year-over-year increases in foreclosure activity. The report by RealtyTrac® also showed nine of the 10 metro areas with the highest foreclosure rates experienced declines. Four states—Florida, California, Nevada, and Arizona—accounted for the top 20 metro foreclosure [...]
Commercial/multifamily mortgage originations increase in Q2
Commercial and multifamily mortgage loan originations rose 1 percent in the second quarter of 2010 compared with the second quarter of 2009 and 35 percent on a quarter-to-quarter basis, according to a survey by the Mortgage Bankers Association (MBA). The one percent overall increase in commercial/multifamily lending activity during the second quarter was driven by [...]
Homeownership Falls to Lowest Level Since 1999
The homeownership rate fell to 66.9 percent in the second quarter, down from 67.1 percent in the first quarter, according to the U.S. Census Bureau. This was the lowest level since 1999. The homeownership rate reached a record high of 69.2 percent in the second and fourth quarters of 2004. Rising foreclosures are driving the [...]
Construction spending rises in June
Construction spending rose 0.1 percent in June compared with May to a seasonally adjusted annual rate of $836 billion, according to a report released Monday by the U.S. Census Bureau and the Dept. of Commerce. The June figure is 7.9 percent below the June 2009 estimate of $907.7 billion. Residential construction spending declined 0.8 percent [...]
10 Best Cities for Working Women With Kids
ForbesWoman calculated the best cities for working females raising children. To pick the 10 best, it factored in crime rates, quality of the schools, availability of good healthcare, employment opportunities with high earning potential, and a budget-friendly cost of living. Here are their picks: Minneapolis-St. Paul, Minn. Washington, D.C. Boston, Mass. Pittsburgh, Pa. Baltimore-Towson, Md. [...]
