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This study examines first-, second-, and third-plus generational differences in housing tenure, housing quality, and neighborhood outcomes among racial and ethnic groups. The absence of datasets containing variables on parental birthplace and a range of residential outcomes has made research on this topic difficult. Using the 2023 American Housing Survey (AHS) dataset, the first AHS panel to include parental birthplace data, we employ bivariate and logistic regression analyses to test hypotheses derived from the spatial assimilation model and the segmented assimilation theory. Relative to their first-generation counterparts, White and Hispanic third-plus generation households experience improvements in terms of access to homeownership, less overcrowding, and better neighborhood conditions. However, Black second and third-plus generation households and second-generation Asian households experience declines in several residential outcomes, relative to their first-generation counterparts. Implications of these findings are discussed as they relate to hypotheses under the spatial assimilation model and segmented assimilation theory.