Oct 28th 2011 9:00AM
WASHINGTON -- Yet another symptom of the economic downturn: Americans aren't moving. Young adults are staying put, often with their parents. Older people aren't able to retire to beachfront or lakeside homes. U.S. mobility is at its lowest point since World War II. New information from the Census Bureau highlights the... Continue Reading »
Oct 7th 2011 9:00AM
WASHINGTON -- The American dream of homeownership has felt its biggest drop since the Great Depression, according to new 2010 census figures released Thursday. The analysis by the Census Bureau found the homeownership rate fell to 65.1 percent last year. While that level remains the second highest decennial rate,... Continue Reading »
Jun 16th 2010 4:15PM
What happens when there is bad housing news that nobody hears? Is it like the proverbial tree falling in the forest? Does it mean the bad news won't have a negative effect? New construction of homes dropped by 10 percent in May from the previous month, to a seasonally adjusted 593,000, according to new figures released by... Continue Reading »
May 5th 2010 5:00PM
Empty houses are hard to survey, but that's the challenge facing census workers in the Chicago area, where foreclosures and vacancies are weighing down response rates. This isn't just a predicament for the U.S. Census Bureau, it's a problem for these communities and their residents. Each uncounted resident could cost... Continue Reading »
Feb 16th 2010 10:45AM
Earlier this month new census data revealed that the homeownership rate is plummeting as foreclosures swell. That news buried the other bombshell in the latest numbers: vacancy rates are now soaring for rentals. Nationally, 10.7 percent of apartments are now sitting empty. And in apartment buildings? Vacancies are over 13... Continue Reading »
