Demand for single-family rental housing is outstripping the available supply of homes, and some housing markets that have been hit hardest by the foreclosure crisis have seen rental demand jump by more than 25% in the past year, according to a report to be released Tuesday by real-estate firm CoreLogic. Read more
by Phoebe Chongchua
It’s billed as the American Dream and yet for some it’s been an all-time American nightmare.
Still “the home is central to American life” writes the National Association of Homebuilders in its report titled: Homeownership Works, released earlier this year.
Of course the report aims to show how housing is vital not just to homeowners but to the nation’s growth. The publication looks at the contributions that homeownership make to the economy specifically through residential construction, remodeling, rental housing, and various other related aspects of the industry. Read more