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,...

A Brighter Employment Outlook Benefits Property Investors

According to recent data from real estate experts and the US Census Bureau’s 1012 statistics, demand for both single-family and multiplex rental housing is on the rise. Along with this upswing, median rates for rental housing in major markets around the country are...