Average rent for 2-bedroom Median Home Sales Price

Slides:



Advertisements
Similar presentations
Housing Landscape 2014: Housing Affordability for Working Households Janet Viveiros Center for Housing Policy, a division of the National Housing Conference.
Advertisements

November 2010 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including.
Conducted by: William M. Rohe Spencer Cowan Daniel Rodriguez Conducted for: The North Carolina Association of Community Development Corporations in cooperation.
THE FORECLOSURE CRISIS BAY AREA CASE STUDY. Research Focus  Focus: U.S. Department of Housing and Urban Development (HUD) Neighborhood Stabilization.
The Rural Housing Data Portal Information for Rural America Housing Assistance Council.
Is the Digital Divide Affecting Your Health? An electronic poster session by Dawn Orosco.
Demographics 14,583 people. 6,137 housing units The racial makeup 97.31% White, 0.23% African American, 2.03% Native American, 0.76% Asian,
THE FORECLOSURE CRISIS BAY AREA CASE STUDY. Overview 2  Research Focus  Neighborhood Stabilization Program (NSP)  Bay Area Demographics  Foreclosures.
James Pappas, Housing Policy and Preservation Associate California Housing Partnership SCANPH Webinar 03/17/2014.
March 2008 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including facsimile.
The Washington DC Housing Market: Trends and Outlook Housing Association of Non-Profit Developers December 11, 2014 Lisa A. Sturtevant, PhD Vice President.
The Need for Affordable Housing An Overview Hillsborough County, Florida Shimberg Center for Affordable Housing M.E. Rinker, Sr. School of Building Construction.
The Need for Affordable Housing An Overview Charlotte County, Florida Shimberg Center for Affordable Housing M.E. Rinker, Sr. School of Building Construction.
STATE OF THE HOUSING: EXISTING CONDITIONS AND OUR ABILITY TO PLAN FUTURE REGIONAL LAND USE FOR CREATING HEALTHY & SUSTAINABLE COMMUNITIES Jamshid Damooei,
San Jose Demographic Findings and Trends, Census 2010 Michael Bills, Senior Planner City of San Jose March 16, 2012.
Housing Affordability Overview Alachua County, Florida Shimberg Center for Affordable Housing M.E. Rinker, Sr. School of Building Construction College.
The American Community Survey Texas Transportation Planning Conference Dallas, Texas July 19, 2012.
The Greater Boston Housing Challenge Barry Bluestone Center for Urban and Regional Policy Northeastern University WBZ “Attaining the American Dream” October.
Population, Housing, & Employment Orange County, California Victoria Basolo, Ph.D., AICP Department of Planning, Policy, and Design University of California,
Reducing Disparities: Mississippi’s Future Depends on it Mississippi ARC Actively Reaching Communities Fall Conference 2011.
THE TRUTH ABOUT HOMEOWNERS – WHY THEY’RE NOT SELLING Presented by Carmen Hirciag Senior Research Analyst.
Weaving a story of poverty in Multnomah County. Per capita income, Portland MSA, US Metro, Multnomah County, Source: Regional Economic Information.
So What do we look like. Who are the Poor? In 2010, 15.1 percent of all persons lived in poverty. Approximately 47 million or 1 in 7 In 2010, 15.1 percent.
SACO, formerly known as Pepperellborough named in In 1805 dropped the old name in favor of the ancient Native American name of SACO. QUICK FACTS:
The Housing Market ‘Reset’ and its Implications for Housing Policy Alan Mallach Non-resident Senior Fellow The Brookings Institution.
URBAN INSTITUTE Demographic Trends: Uncertainty and Openness to Policy Rolf Pendall, Urban Institute Presented at HUD Research Agenda Conference, Washington,
Reality Budget. Housing Options (if you are buying): 3 Bedroom, 2 bath 1520 Sq. Feet –$1400 month –$280 utilities –$185 property taxes –$100 homeowners.
San Jose Demographic Findings and Trends, Census 2010 Michael Bills, Senior Planner City of San Jose.
Jo Carroll DeStefano Community Development & Training Network Public Works Department June-August 2011 City of Rowlett Public Works Department Proposed.
Portland Housing Bureau Budget Worksession Presentation Slide 1.
Understanding Your Community Part Two: Demographics.
Monterey City home values far exceed U.S. and California
The Massachusetts Housing Challenge Barry Bluestone
The Hispanic Market United States California Southern California
Affordable Housing & Minimum Wage
Housing, Infrastructure, and Land Use Data
Housing the Missing Middle
The Greater Boston Housing Challenge Barry Bluestone
Clark County’s Draft Five-Year Consolidated Plan
If My Life Started Today
San Benito County home values far exceed U.S.
Extreme Poverty, Poverty, and Near Poverty Rates for Children Under Age 5, by Living Arrangement: 2015 The data for Extreme Poverty, Poverty, and Near.
Allied Community Enterprises June 16, 2017 Moses Gates
Millennial Survey 2014.
The Great Recession An Overview.
Hennepin County Housing Council
The Greater Boston Housing Report Card
Housing, Infrastructure, and Land Use Data
Local Real Estate Trends & Market Conditions
CENSUS 2000: HOUSING TOTAL HOUSING UNITS M
Shared Equity Housing and the DC Region
Renting Vs. Buying a Home
Renting Vs. Buying a Home
Extreme Poverty, Poverty, and Near Poverty Rates for Children Under Age 5, by Living Arrangement: 2011 The data for Extreme Poverty, Poverty, and Near.
A tool kit to close California’s housing gap – 3
Results of the Civil Rights Movement Data & Trends
Current conditions.
Ballard Spahr 2018 National Housing Symposium
San Benito County home values far exceed U.S.
Santa Cruz home values exceed U.S. and California
Monterey City home values far exceed U.S. and California
Renting Vs. Buying a Home
Advancing gender wealth equity: Opportunities in the 2019 legislative session Liz Olson, state policy fellow March 21, 2019.
Making Tough Choices: How Working Families Struggle to Get Ahead
Contact Interagency Metro Orlando Affordable Housing Bankers Roundtable Anne Ray July 24, 2019.
An Interagency Forum: Rural and Affordable Housing Opportunities in North Florida Anne Ray August 29, 2017.
Overview of the Market for Affordable or Assisted Housing
Shimberg Center for Housing Studies University of Florida
Washington County: The Challenge Ahead
“There’s More to the Story ”
Presentation transcript:

Average rent for 2-bedroom Median Home Sales Price 69 Habitat Homes Built 86 Homes Repaired 69 Habitat Homes Built 86 Homes Repaired Spotlight on: San Francisco Affordability San Francisco home prices have gone up 6.9% in the past year and are predicted to increase 6.4% in the next year. Median home prices are approximately 2.5x the median across California $4,377 Average rent for 2-bedroom $1.36M Median Home Sales Price Sources: RENTCafe, Zillow Research Nearly half of owner and renter households in San Francisco making between 50 and 80% of the area median income (Habitat’s target income range) are paying 30% or more of their income to housing A two-working parent family needs to earn $111K to cover basic household expenses. A single parent family needs to earn $103K Median household income for a two-working parent Habitat family in San Francisco is $51K Source: California Budget & Policy Center, Making Ends Meet Source: U.S. Department of Housing & Urban Development (HUD)

$2.2M paid in property taxes over past 10 years San Francisco & Habitat Homeowner Demographics San Francisco homeownership rates lag behind the state rate of 54.8%, with great variation across race. Household median income by race also shows significant disparities with white households making a median income of $100K compared to black households making a median income of $30K 46.1% 35.5% 27.2% 26.8% 25.8% 24.7% 22.3% 20.8% $101K $70K $67K $59K $52K $41K $30K Source: Race Counts, Advancement Project, San Francisco County Habitat Household Profile Population by Race – San Francisco Habitat Homeowners in San Francisco $2.2M paid in property taxes over past 10 years Most Common Profession: Food Prep Worker Source: United States Census Bureau, Quick Facts Habitat Homeowners by Race - San Francisco (last 10 years) Source: National Housing Conference, Paycheck to Paycheck

Average Rent for 2-bedroom Median Home Sales Price [Insert Logo] xx Habitat Homes Built yy Homes Repaired Spotlight on: Redlands Affordability Redlands home prices have gone up 5.4% in the past year and are predicted to increase 4.3% in the next year. Median home prices are approximately 75% the median across California $1,527 Average Rent for 2-bedroom $414K Median Home Sales Price Source: Zillow Research Over half of owner and renter households in San Bernardino County making between 50 and 80% of the area median income (Habitat’s target income range) are paying 30% or more of their income to housing A two-working parent family needs to earn $67K to cover basic household expenses. A single parent family needs to earn $57K Source: California Budget & Policy Center, Making Ends Meet Source: U.S. Department of Housing & Urban Development (HUD)

$15.7M paid in property taxes over past 10 years San Bernardino County & Habitat California Homeowner Demographics Overall, San Bernardino homeownership rates exceed the state rate of 54.8%, however there is great variation across race. Household median income by race also shows disparities with Asian households making a median income of $74K compared to Native American households making a median income of $42K 69.5% 69.2% 57.6% 55.5% 53.7% 50.8% 46.5% 40.1% $74K $59K $54K $50K $47K $43K $42K Source: Race Counts, Advancement Project, San Francisco County Habitat Household Profile Population by Race – Redlands Habitat Homeowners in California $15.7M paid in property taxes over past 10 years Most Common Profession: Food Prep Worker Source: United States Census Bureau, Quick Facts Habitat Homeowners by Race - California (last 10 years) Source: National Housing Conference, Paycheck to Paycheck