U.S. Homeownership

US Homeownership falls in first quarter of 2016

The United States Census Bureau just reported that for the first quarter of 2016 US homeownership actually fell to 63.6%! As a comparison, the homeownership rate it a high of 69 4.4% in 2004 during what many consider the biggest housing boom in US history.

Currently the US homeownership rate is now only 1/10 of one basis point higher than the all time low heat in the second quarter of 2015! Read more