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In late November, Fannie Mae — the government-sponsored enterprise (GSE) focused on improving home affordability — slashed its down payment requirements for owner-occupied, multi-family (2-4 ...
Of the households and families estimated, 53.6% were in owner-occupied housing units and 46.4% were renter-occupied. In 2000, the median income for a household in the city was $33,858, and for a family was $42,378. Males had a median income of $33,078 versus $21,400 for females. The per capita income for the city was $15,676.
Multifamily residential, also known as multidwelling unit (MDU), is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. [1] Units can be next to each other (side-by-side units), or stacked on top of each other (top and bottom units).
Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .
Key takeaways You don’t need to put 20 percent down on a home — the minimum down payment for a house can be much lower. The average down payment on a house for a first-time buyer is just 8 ...
Rating Action: Moody's assigns Aaa to $21,500,000 Texas Department of Housing and Community Affairs, Multifamily Green Tax-Exempt Bonds (GREEN M-TEBS -- Shiloh Village Apartments), Series ...
In 2010 the home ownership rate was 46%. As of 2016 about 22,000 people lived in the Sunnyside area, with 97% being black and 10% being Hispanic. [10] In 2006, the unemployment rate was 12%. In 2016 it was 29%, the highest percentage of any community in Houston; the city's overall unemployment rate was 5.5%. [9]
The median down payment on a home in the U.S. in Q1 2024 was $26,700 — about 8% of the median home purchase price at that time. The minimum down payment needed for a mortgage depends on the cost ...