Homeownership rates are on the decline for all age groups across the country, data from the U.S. Census Bureau shows. This trend is particularly pronounced for millennials, whose homeownership rates dropped from 42% in 2006 to 35% in 2015. With house prices back on the rise, sky-high rents and student loan debt, it’s not surprising that young adults today are struggling to buy their own homes. However in some American cities, millennials are bucking the trend and buying rather than renting.
Parker Associates is a company focused on research and data with our expertise in understanding and interpreting the data we gather for our clients. We focus on ensuring that visualizations are clear and accurate, giving decision-makers confidence in their choices. Data is data, but visualizing the data is what makes the difference. Explore both the spatial and non-spatial data in several different formats to understand it fully such as mapping, charting, and tabular. Interpretive data follows in qualitative, quantitative, and temporal data formats. Understand what will suit your situation best. We’d enjoy the opportunity to connect with you. Contact us directly to discuss your personal situation.