Homeownership Rate Remains On The Rise

Dated: 02/28/2020

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Homeownership Rate Remains on the Rise

Homeownership Rate Remains on the Rise | MyKCM 

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).”

Homeownership Rate Remains on the Rise | MyKCMToday 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.


One Member Comment on “Homeownership Rate Remains on the Rise”

  1. Reply

    Interest rates are at a historic low! This means you can buy “more” house now than you could have six months ago!

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Lori Coyne

You are winning with Lori. Lori has experience buying, selling and renting. She has flipped properties and managed rental properties of her own. She is the current expert in Loudoun and Fairfax. ....

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