Skip To Content

    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 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.

    Bottom Line

    If you’re thinking of buying a home, let’s get together to make your dream a reality.

    Trackback from your site.

    Leave a Reply

    Testimonials

    The DeGrood Team did an excellent job from beginning to end. I am very satisfied with the service I received as well as the level of professionalism. I am a first time home buyer and was nervous going into this whole experience, and even doubted that I could really even do it. Amna, my agent, was extremely helpful throughout the entire process. She was super patient with me and very knowledgeable. She was able to answer every question I had and did an amazing job helping me find a home. Afte…
    Mark C.