Experience News in a New Way

Home ownership in the U.S. at a 15-year low

Forget about owning a home with a white picket fence – it’s all about renting.

The latest Census Bureau data shows home ownership in the U.S. is at a 15-year-low.

The number of Americans who own their homes dropped a full percentage-point over the last year to 65% this quarter, the lowest rate since 1997.

Many delinquent borrowers are losing their homes to foreclosure, forcing them to rent.

So either buy a home you can afford – or save money on maintenance and find yourself a nice apartment.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s


This entry was posted on May 4, 2012 by in NewsFix Now.

Enter your email address to follow this blog and receive notifications of new posts by email.

RSS More NewsFix News

  • An error has occurred; the feed is probably down. Try again later.
%d bloggers like this: