Are you average U.S. householder? Probably not.

Households pay 24 percent of their total income for housing on average. The average expense: $927 a month.

Renters generally pay less in housing cost ($845 versus $1,008 for owners per month), but they usually pay a higher percentage of their household income than owners (31 percent versus 20 percent).

Twenty percent of recent movers identified convenience to their work as the most important factor in choosing a neighborhood.

So says the Census Bureau in its 2011 American Housing Survey, the latest year for results.

If you’d like more tidbits on the nation’s 115 million occupied homes, read on.  For example, questions about safety, health hazards and accessibility demonstrate that 64 percent of houses have Continue reading

Weekly Roundup: Starters hot, U.S. prices rise, rates tick up, foreclosures drop, Houston’s cool

Weekly Roundup returns after Labor Day, but. . .

. . . you may want to check back here for occasional posts and keep current via Facebook or Twitter (below)

Wells Fargo provides mortgages to one-fifth of the city’s borrowers

July sales of starter apartments grow 30.5 percent over previous year

Sales of new Manhattan condos up in second quarter, but median price sinks

Lesbian couple get both names on lease after months-long battle, threatened lawsuit

Report suggests property tax evasion widespread

Swimmer whose name rhymes with ‘hike’ selling Baltimore condo

Singing couple proves that money talks with their $400,000 Hamptons rental

Actress orders purchase of Upper West Side townhouse for $10.7 million

Grammy winner’s condo on the Bowery finds buyer after 5 percent markdown

Late pop artist’s lofty domain goes on the market in SoHo

One of late heiress’ Fifth Avenue apartments is under contract — again

Case-Shiller records significant price gains from year ago

Strength of apartment sector Continue reading

Weekly Roundup: Condo sales spike, rents don’t quit, U.S. prices flat to up, rates once again set record, refi activity grows, media rooms fading

Condo sales volume spikes in May, listing prices fall as Manhattan inventory dwindles

With supply plunging 17.7 percent from May 2011, contract activity for Manhattan condos and co-ops soars 36 percent over a year earlier

Manhattan’s dollar volume of residential sales swamps other boroughs together at 62.5 percent of city’s total

When it comes to buying a home, the superrich are decidedly different from rest of us

Ease of finding a short-stay apartment is linked, of course, to how much tenant will pay

Buyers besieging brokers in Brooklyn neighborhoods

Applications for some affordable housing are starting to appear online

Compared with Grand Central and the Empire State Building, residential architecture often gets short shrift, magazine says

NYU expansion plan moves step closer to reality

Rents again establish record in Manhattan

Young singer’s family Continue reading

Weekly Roundup: Rates near bottom, wealthy foreigners buoy market, steam showers are hot

We top another list, not that there’s anything good about that

A plague of boarded-up buildings visits East Harlem, which brims with new condos as well

How do co-op, condo monthly costs compare?

There are 14 ways for a co-op board to reject you even before an interview

With your truly horrible story about renting, Curbed could pay your rent for a month

Global buyers of super-luxury residences show us the money

Among the 10 most expensive distressed properties in the Hamptons is one listed at $9.45 million

Manhattan jury convicts 70-year-old lawyer of bank fraud, money laundering in scheme involving Westchester real estate

In housing court, Faye’s a no-say and must pay with no delay

October’s 2.8 percent decrease marks 13th straight month of lower prices from year to year

They’re buying high and selling much higher in Beverly Hills

First-timers seem undeterred by housing market’s vagaries, lenders’ strictures

Single mothers Continue reading

The Big Apple: Nascent signs of recovery emerge

MANHATTAN BUCKS WORSENING STATEWIDE TREND OF RISING MORTGAGE DELINQUENCIES

The mortgage loan delinquency rate in Brooklyn, the Bronx and Queens in the final quarter of 2010 was up from year-earlier levels, according to a recent quarterly analysis. The uptick could well lead to a rise in foreclosure activity in coming months.

Manhattan was the only borough to see a decline in delinquencies, with a slight drop of 0.04 percentage points in the period.

APARTMENT MARKET SHOWS POSSIBLE SIGNS OF STRENGTH

Sales in the Manhattan co-op and condo market show signs of bouncing back after dropping sharply last month, reports the Wall Street Journal.

January sales were hurt because Continue reading

New Census data slice the Big Apple into pieces

For lower-priced housing, head to a whiter shade of pale. (Click to expand.)

The U.S. Census Bureau released five-year American Community Survey (ACS) estimates for the first time yesterday, making available social, economic, housing and demographic statistics for every community in the nation.

Reeves, Tex., was among counties with the lowest median home value–$29,000–while Nantucket, Mass. was among those with the highest median–approximately $1 million.

Manhattan’s median grew from $449,800 in 2000, Continue reading

Weekly Roundup: Best and worst cities are listed

Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out another of today’s three posts.

AN EMMY WINNER LISTS HER HOME IN SOUTHBURY, CONN.

BILLIONAIRE OWNER OF A WEEKLY PET-SUPPLIES COMPANIES SPENDS MORE THAN CHICKEN FEED FOR A SOHO PENTHOUSE

CONGRESSWOMAN’S HOUSE, TWICE IN DEFAULT, NOW IS LISTED AS A SHORT SALE

ACTRESS PICKS UP A PRETTY FINE PENTHOUSE

BROKER DISPELS RUMORS THAT BUYER OF TRUSTED MAN’S SUMMER HOME LOOKS LIKE LADY GAGA


FED OFFICIAL SAYS IMPEDIMENTS TO HOME SALES Continue reading