homeownership Archive

Thanksgiving: Home for Hosting — Or Maybe Just Dining Out

The American Dream of homeownership is not only about a financial investment, it’s about a place to call home. The number one reason 24 percent of buyers buy a home is the desire to own a home of their...

Homeowner Equity as a Share of the Value of Real Estate

Homeowner Equity as a Share of the Value of Real Estate could normalize by late 2015 – early 2018. After 2 years of gains exceeding 5% per quarter, growth in household owners’ equity rose by a much more modest...

Net Worth of Homeowners vs. Renters

In the past 15 years, the net worth of the typical homeowner has ranged between 31 and 46 times that of the net worth of the typical renter. Homeowner equity is a substantial component of homeowner wealth. The Federal...

Feeling Blue with Record High Wealth

The net worth of all households reached a record high early this year, according to the Federal Reserve.  Measuring everything we own minus everything we owe, the net worth reached $81.7 trillion.  That’s on average of $259,000 per person...

Homeownership Rate in the Second Quarter of 2014

The homeownership rate fell to 64.8 percent in the second quarter.  It marks the lowest ownership rate in nearly 20 years.  After peaking at 69 percent in 2004, the ownership rate has been steadily falling, at first from the...