Oct 11th 2011 8:00AM
The dream of owning a home has become increasingly unattainable for many Americans, and the situation is not likely to improve soon, as the collapse of the housing market and the recession continue to take their toll. That is the disturbing conclusion to be drawn from the U.S. Census Bureau's newly released report... Continue Reading »
Oct 7th 2011 9:00AM
WASHINGTON -- The American dream of homeownership has felt its biggest drop since the Great Depression, according to new 2010 census figures released Thursday. The analysis by the Census Bureau found the homeownership rate fell to 65.1 percent last year. While that level remains the second highest decennial rate,... Continue Reading »
May 21st 2011 6:00AM
Home ownership has been the American dream for decades. But there may be a shift under way in the attitudes of policymakers and the public; earlier this year, we speculated on whether this country is heading toward becoming a nation of renters. AOL Real Estate spoke with Ronald Phipps, president of the National Association... Continue Reading »
Apr 22nd 2011 2:45PM
The American dream of homeownership has taken a serious hit in the past five years--or so you might think. No wonder, what with so many Americans pummeled by underwater properties and foreclosures. Even the government piled on, declaring in a February housing report: "The Administration believes that we must continue to... Continue Reading »
Nov 24th 2010 10:04AM
Burned mortgage borrowers will more likely rent rather than buy another home, says the most recent nationwide survey released by Fannie Mae. Fewer Americans think the market has bottomed out and the idea of homeownership as a safe investment continues to drop. Just 68 percent of Americans think it's a good time to buy a... Continue Reading »
