homeownership rate - Articles

U.S. Homeownership Rate Still Stuck in the '90s

Shutterstock By Lucia Mutikani Homeownership in the United States held near 18-year lows in the third quarter, suggesting that the housing market was still struggling to overcome challenges brought on by the recession. The seasonally adjusted homeownership rate, the share of households owning a home, held at 65.1... Continue Reading »

More See Homeownership for the Middle Class as Less Likely

Shutterstock By Christine DiGangi Fewer Americans believe homeownership is attainable for middle-income consumers, according to the latest Country Financial Security Index. Perhaps Americans have adopted a more pessimistic outlook lately, or maybe the economic events of the past several years have caused us to expect... Continue Reading »

Why Millennials Aren't Rushing Into Homeownership

Shutterstock By Vera Gibbons The housing recovery may be well underway, but this recovery is virtually millennial-free. In fact, according to Census Bureau data, from 2006-2011, Americans between the ages of 25 and 34 experienced the largest decline in homeownership rates in the country. We all know the obvious and... Continue Reading »

Homeownership Rate at Its Lowest Since 1995

By Lucia Mutikani WASHINGTON -- Homeownership in the United States hit a 17-1/2-year low in the second quarter as Americans continue to shift toward renting, underscoring the lingering effects of the recession on the housing market. The seasonally adjusted homeownership rate slipped to 65.1 percent, the lowest since the... Continue Reading »

U.S. Homeownership Rate Falls to 17-Year Low As More Rent

By Lucia Mutikani Homeownership in the United States hit a 17-year low in the first quarter as more Americans opted to rent, continuing a trend exacerbated by the collapse of the housing bubble. The seasonally adjusted homeownership rate slipped to 65.2 percent, the lowest since the fourth quarter of 1995, the Commerce... Continue Reading »

Millennials Expected to Dominate Housing Market by 2020

Though the housing market has made significant strides over the last year or so, many experts believe it will continue to improve in the short term. However, new data also shows that it could continue to do so decades into the future as well. A combination of baby boomers aging into retirement and their children maturing... Continue Reading »

Homeownership Still a Dream of Most Americans, Survey Says

Despite crumbling home values amid the housing downturn, the majority of Americans still aspire to own their own homes. A new survey by Integra Realty Resources found that 75 percent of non-homeowners ages 22 to 50 would still like to own a home someday. Younger Americans were even more positive: Of those younger than... Continue Reading »

Why Falling Homeownership May Be a Good Thing

By Dan Caplinger Ever since the end of the boom years of the early 2000s, the housing market has struggled to hit bottom, seemingly plowing ever lower even after years of declines. As a result, millions of former homeowners have lost their homes, while millions more owe more on their mortgages than their current homes are... Continue Reading »

2011 in Real Estate: The Top 11 News Stories

It seemed like a race to the bottom this year: Along with continued declines in property values, every season seemed to see another record low in interest rates -- though fewer-than-expected buyers were inclined to take advantage. Also on the way down or stuck in the cellar: the number of Americans who expected to... Continue Reading »

Why Canada Doesn't Have a Foreclosure Problem

Why are Canada's homeowners less likely to face foreclosure? Fewer than 1 percent of Canadian mortgages are in arrears, compared to the 2.9 million homeowners that received foreclosure notices in the U.S. in 2010. You might think it's because there are a lot fewer Canadians, and you'd be right on that score. Canada's... Continue Reading »

Homeownership Drops to Near 50-Year Lows

Despite months-long speculation that the nation is primed for a housing recovery, homeownership -- a tenet of the quintessential American life -- is far from making a comeback. According to industry projections, millions of homes spiraling toward foreclosure are putting homeownership in jeopardy of its lowest level in 50... Continue Reading »

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