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Aug 22, 2016. Across all age groups, the U.S. homeownership rate — at 62.9 percent. In short: Millennials want to buy houses, but they simply can't afford to.

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Homeownership is at an all-time record low among millennials. It can take nearly a decade to save money for a 20% down payment on a house in some cities, reveals a SmartAsset report. California homebuyers need to save money the longest,

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Apr 17, 2018. Defined as reselling a house within a year of purchase, flipping is at an 11-year high in the United States and it's the subject of dozens of TV.

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How much you can afford to borrow primarily rests on two main factors: income and interest rates. Wages are rising, but future rate hikes are likely to be a drag on affordability. The 5 US cities listed below have the strongest house-buying power.

While home prices are rising around the country, potential home buyers can take some solace in interest rates, which continue to defy expectations that they’re going to increase. The median price of a house in 27 major metro areas in the U.S. is $222,700.

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The White House is defending its decision to allow Chinese telecom giant ZTE to buy component parts from the U.S. WASHINGTON (AP) — The White House is defending its decision to allow Chinese telecom giant ZTE to buy component parts from the U.S.

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Period. Median. Average. Jan 1963. $17,200. (NA). Feb 1963. $17,700. (NA). Mar 1963. $18,200. (NA). Apr 1963. $18,200. (NA). May 1963. $17,500. (NA).

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