For people in the dating market, the years since the COVID-19 pandemic hit have been tough. Many of the places where people usually socialize and meet partners, like entertainment venues, bars and restaurants, or even get-togethers with friends, were unavailable or limited during the pandemic. Figuring out where and how to meet up safely with…
Of the many challenges that have faced the global supply chain since the COVID-19 pandemic began, a shortage of semiconductor chips has been one of the most significant. Factory shutdowns and global shipping issues as a result of the pandemic left many industries without the essential electrical parts that enable many modern technologies. The auto…
Cities Where the Most Homes Experienced a Price Cut Fresno, CA. Percentage of listings with a price cut: 42.4% Indianapolis-Carmel-Anderson, IN. Percentage of listings with a price cut: 33.1% Denver-Aurora-Lakewood, CO. Percentage of listings with a price cut: 31.8% The real estate market over the past year has offered few deals and discounts for homebuyers….
Gen Z is hitting adulthood at a difficult time. Defined as those born between 1997 and 2012, most Gen Zers today are firmly in early adulthood or in their teenage years. Finding footing at this stage of life is challenging enough on its own. But Gen Z has had to navigate this formative time with…
Rising rents have been hitting many U.S. households hard in recent months. After remaining flat for most of 2020, the national median rent rose by 17.6% in 2021 and is already up another 6.7% year-over-year in 2022. And as the largest regular expense that most households face, the rise in housing costs is squeezing budgets…
Homeownership is a common goal for millions of Americans, but a number of social and economic factors can affect peoples’ ability to reach that milestone. From income to educational attainment to racial and ethnic background, there are significant gaps in homeownership rates between different demographic groups in the U.S. And family structure and gender are…
Despite many economic experts’ worst fears early in the COVID-19 pandemic, state and local government budgets have proven resilient over the last two years. With much of the economy shut down or hobbled as a result of the pandemic, forecasters initially worried that states and localities would collect substantially lower amounts of sales and income…
Unprecedented growth in home prices over the last two years and recent increases in mortgage interest rates are pricing many would-be buyers out of the residential real estate market. One of the groups most disadvantaged by these market challenges is young homebuyers like those in Gen Z, the population of Americans born between 1997 and…
Since the start of the COVID-19 pandemic more than two years ago, living space has taken on new importance for many Americans. From early COVID lockdowns to lasting remote or hybrid work arrangements, people have been spending more time at home and collectively investing billions in the spaces where they live. While the pandemic’s economic…
