Tag Archive for ‘home values’

Homeownership Rates by Race and Ethnicity

The Survey of Consumer Finances (SCF) provides detailed information on the finances of U.S. families, including income, net worth, balance sheet components, credit use, and other financial outcomes. A previous analysis indicated that the primary residence continued to be the largest asset category on the balance sheets of households in 2019 and it accounted for about one quarter of all… Read More ›

Households’ Balance Sheets: Q4 2020

According to the Federal Reserve Flow of Funds report, as of the fourth quarter of 2020, the market value of all real estate assets held by households stood at $32.0 trillion. On the other side of the balance sheet, their liabilities, i.e., the mortgages held on said assets, totaled $10.9 trillion. As a result, total owners’ equity, defined as the… Read More ›

Homeownership: A County-Level Analysis

Homeownership is a key housing and economic measure of social conditions. Due to the housing downturn, the national homeownership rate declined precipitously, and has failed to recover to its historical norm. In fact, the homeownership rate reached a 50 year low in the second quarter of 2016 and has only edged up slightly since then, rising to 63.5% at the… Read More ›