Browsing Posts In: homeownership

Year-to-Year Homeownership Rate Increase

March 6, 2018

The U.S. homeownership rate rose to 64.2 percent in the fourth quarter of 2017 from 63.7 percent a year earlier, according to data released recently by the U.S. Census Bureau. The year-to-year increase is the first one in 13 years, and it was driven by young buyers who purchased their first homes. The share of Americans who own a home has been on […]

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Anticipated Increase in Homeownership Rate

July 4, 2017

The rate of homeownership has progressively fallen since the Great Recession from 70 percent to an estimated 64 percent today. Housing industry experts say that new data indicates an approaching increase in the homeownership rate for the current year. Real estate-focused website Trulia has evaluated the Census report and uncovered that owner households formed at two times the rate of renter households during […]

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