Renting drives U.S. homeownership to 19-year low

(Reuters) – Homeownership in the United States hit a 19-year low in the second quarter as tight finances continued to drive Americans toward renting, one of the lasting legacies of the recession. The seasonally adjusted homeownership rate fell to 64.8 percent,...

The American Dream – Set for Modification

Ever since World War II men and women have scrimped, saved, and finally allowed themselves the ultimate luxury of buying a home. It was the American Dream, sold to the public as the defining characteristic of a life well-lived. But a funny thing happened on the way to...

Homeownership Decline – Not All Bad News

The recent collapse in home ownership from the financial crisis of 2008 has left many wondering what the future holds for home ownership rates. Some have argued that it “can’t get any worse” than we have seen over the last few years, and that a recovery is...

Robust Rental Markets = Good Investments

Although some indicators suggest that the US housing market is slowly rebounding, the rental segment of that market remains strong in the wake of the recent foreclosure crisis. This means there’s never been a better time to follow Jason Hartman’s recommendations for...

Lower Homeownership Means Rising Rents

It’s been 50 years since so few Americans have owned their own home. Let’s call this the “real” homeownership rate, defined as the percentage of US households who own a home and are not three months or more behind on mortgage payments. Is the suspense killing you yet?...