Home Ownership Archive

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...

Home Ownership Rate Forecast

The U.S. home ownership rate stands at a 15-year low with the latest figures showing 65.6 percent of Americans living in owner-occupied homes.  At peak in 2004 the ownership rate was a hair shy of 70 percent.  Over the...

HELOCs on the Horizon

The Office of the Comptroller of the Currency published its Semiannual Risk Perspective for the spring of 2012 on July 5th.  In it, the agency outlined concerns about a potential wave of rate resets on home equity lines of...

Social Benefits of Homeownership and Stable Housing

In addition to tangible financial benefits, research has shown that homeownership brings substantial social benefits for families, communities, and the country as a whole. Because of these societal benefits, policy makers have promoted homeownership through a number of channels....