According to a nationwide survey, 61% of Americans wish shopping malls would make a comeback. 1 in 4 Americans say there are not enough stores in their area but there is an undeniable charm to shopping at malls.
Americans love shopping at malls
Favorite parts of shopping at a mall: Convenience, window shopping, getting food, socializing, and department stores
40% of Americans wish a mall would open in their area
1 in 10 say mall closures have impacted their social life
More than two thirds of Americans live within an hour of an abandoned shopping mall and many want to see something done with that prime real estate. Some of the ideas for repurposing old malls include turning them into parks, community centers, living spaces and providing space for other businesses and retail shops.
New study reveals the U.S. state with the highest home ownership rate.
• Maine has the highest home ownership rate of the U.S. at 33%.
• West Virginia and Vermont are second and third.
• California has the lowest homeownership rate of the country at 18%.
Maine is the state with the highest home ownership in the United States, a new study revealed. The study, conducted by Malibu real estate agents, analyzed Census data on housing units, owner occupied units, and the total population of each state to discover which of the 50 states plus have the highest and the lowest homeownership rate.
Maine Homeownership
Maine: The number of owner-occupied housing units totals 437,858.38. The state has a total population of 1,338,404 results with a home ownership rate of 32.71%.
West Virginia & Vermont Highest Homeownership Rates
Second and third on the list are West Virginia and Vermont, which have almost the same home ownership rate – West Virginia at 32.15% and Vermont at 32.11%.
This is despite the large disparity in population the two states register.
West Virginia’s population is 1,805,832 and the number of owner-occupied housing units is 580,539; while in Vermont the population amounts to 626,299. The number of owner-occupied housing units is 201,094, more than half the numbers of the former.
USA Homeownership Data
A spokesperson for Malibu real estate agents commented on the findings: “Among the states with the highest rate and those with the lowest rate, the values are very similar.
The values at the two poles of the list:
Maine on one side and California on the other have a drastic gap between them due to the population of California and the demographics of the state, which makes it more complicated for a large majority of the population to own a home.
Factors that matter for Midterm Elections
Spending power per household
Household Demographics: Homeownership vs. Renters
Influence power ( business and social network)
Political and Social Gender Influence
Top five U.S. states with the lowest homeownership rate
State
Rate of Own Home Ownership
California
18.35%
Hawaii
19.36%
New York
20.52%
Alaska
23.36%
Top five U.S. states with the highest homeownership rate
State
Rate of Own Home Ownership
Maine
32.71%
West Virginia
32.15%
Vermont
32.11%
Wyoming
30.30%
Missouri
30.29%
Data Source
Census.gov
Feature Your Real Estate Listings on Fromgirltogirl.com
To feature your real estate listing on Fromgirltogirl.com, contact us for pricing:
California is home to American cities where renters never leave because the U.S. Housing Marketing is always shaking up.
Are you renting or know family and friends who are city renters? If yes, it is time to show them the list of American cities that renters never leave because things are shaking up in the U.S. Housing Market.
The running streak of 124 straight months of rising home prices has been put to rest by several straight months of declining home prices in the United States (U.S.).
What does the current economic and housing climate mean for renters?
With rent across the country remaining at an all-time high, it begs the question:
This report shows where Americans are staying locked in their leases and in a perpetual renting cycle. The top cities with the most long-term renters (people who moved in 22+ years ago) are:
1. New York (415,817 long-term renters)
2. Los Angeles (82,559 long-term renters) 3. Chicago (32,176 long-term renters) 4. San Francisco (25,803 long-term renters) 5. Philadelphia (14,511 long-term renters)
Why aren’t renters buying homes?
When renters are asked why they are not buying homes, the answer varies person to person.
This nationwide survey found 71% of renters want to buy a home and the top deterrents include money, interest rates, and debt.
Take a look at the full report for more data on the cities with the most renters and homeowners.
About the 1031 Exchange to Preserve Assets When Selling & Buying Investment Properties
If you’re planning on buying, click here to learn more about how a 1031 Exchange can help preserve your assets when selling and buying investment properties. For investors thinking about converting a primary residence into a rental property, click here to learn more about how you can use a 1031 Exchange. You can find more information here about Investment Property Exchange Services, Inc. (IPX1031), the nation’s largest 1031 Exchange company.
In November 2022, the U.S. Census Bureau conducted a survey of 1,003 people from around the U.S. Among respondents, 48% identified as male, 49% as female, and 3% as non-binary or transgender with an average age of 39.
Methodology
This housing data from the U.S. Census Bureau, analyzed more than 300 cities with a population of 100,000 or more to determine which cities are home to the highest percentage of owners and renters. It also analyzed the cities with the most tenured renters by looking at renters who have lived in the same home for 22+ years.
To spotlight your rental units, apartments, vacation spots, rental homes, and other real estate, email Fromgirltogirl.com for pricing via advertise@fromgirltogirl.com.
An informational article on Fromgirltogirl.com to over 100,000+ monthly subscribers. Make requests and learn more:
