homeownership Archive

Homeownership: Now vs. Then

Independence Day is rapidly approaching. Next week’s commemoration of country, home and family will see people enjoying their homes and neighborhoods as they celebrate. With the importance of that day in mind, NAR President Moe Veissi noted the following,...

Homeownership Rate

The homeownership rate declined further in the latest data, with 65.5% of households owning their homes in the first quarter of 2012. At the peak, 69.4% were homeowners. Though a 5% decline may not sound too large to a...

Homeowners by Age

In 2000 (a very normal housing year without a bubble), with virtually no discussion of it in the media or in the academic community, 67 percent of Americans lived as a homeowning household. Then came the easy credit conditions...

Successful Homeowners Since 2009

Good news: those who bought homes in 2009 and later have become one of the most successful groups of homeowners. Mortgage default rates have been exceptionally low. Bad news: the loan approval process has become so strict since 2009...

REALTORS® and Homeownership

A substantial majority of REALTORS® (91 percent) own their primary residence. The percentage of REALTORS® who own their home differs slightly by age. Members 39 years old and younger had a lower level of homeownership at 78 percent, compared...