Home Ownership Archive

4th Quarter Homeownership Rate of 2014

The U.S. homeownership rate fell again in the fourth quarter of 2014 to its lowest point in over two decades.  The latest 63.9 percent ownership rate is down from the bubble peak rate of 69.4 percent.  A further drop...

Multi-Generational Housing: A Multi-Faceted Issue

This long-form article was written by Jessica Lautz, Director of  Member and Consumer Survey Research, for the Richard J Rosenthal Center for Real Estate Studies at REALTOR® University and is used here with their kind permission.  It first appeared in the...

Mortgage Applications

More people applied for mortgages to buy a home in the past week (8.8 percent increase). Despite the weekly increase, the overall trend to obtain mortgages has not been too encouraging. It is down by 16 percent from one...

Homeownership Rates: Top and Bottom 5 States

Affordability has a strong impact on homeownership.  Not surprisingly, four of five states with the lowest homeownership rates in the US are characterized by markets with high prices.  Washington, DC has the lowest homeownership rate at 45.3%.   At the...

Whether you stay in or dine out today, home is where the heart is

Data from the latest NAR Profile of Home Buyers and Sellers shows the number one reason buyers are buying today is for the plain desire to own a home of their own. They want a place where they can...