What's my home worth?
Homeownership Rate Remains on the Rise
November 13, 2019
In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market.
The U.S. Census Bureau announced,
“The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent), but was 0.7 percentage points higher than the rate in the second quarter 2019 (64.1 percent).”
Today there is still a lack of inventory, particularly at the entry and middle-level segments of the market, but that is not stopping buyers from making every effort to pursue homeownership. The many financial and non-financial benefits continue to drive the American Dream and will likely do so for generations to come.
If you’re thinking of buying a home, contact a local real estate professional to make your dream a reality.
The Best Advice Does Not Mean Perfect Advice
March 30, 2020
5 Simple Graphs Proving This Is NOT Like the Last Time
March 16, 2020
New Homes Coming to the Housing Market This Year
March 09, 2020