6 trends that will 'reshape' the homeownership journey

Research from a financial services company digs into the factors shaping the future
  • Millennials are typically marrying and having kids later in life -- after securing a college degree.
  • Stagnant income growth and lingering concerns from the recession are also impacting homeownership.
  • Even controlling for other factors, the gap between white and Asian, black and Hispanic homeownership exists.

When the rate of homeownership is at a 50-year low — but people of all ages and ethnic backgrounds continue to say that owning a home is part of their American Dream — it’s no wonder that real estate agents and brokers have questions about the future of homeownership.