One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward
Homeownership Rate Remains On The Rise
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 Bureauannounced,
“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.
Source: Keeping Current Matters.
Welcome! As a REALTOR® and SRES® - Seniors Real Estate Specialist affiliated with HomeSmart Elite and the Valley Solutions Team, I am here to help you buy, sell or invest in Real Estate. I can al....
Latest Blog Posts
There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an
All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery?
While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent,