"U.S. homeownership rose again in the 3rd quarter. "
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.
To view original article, visit Keeping Current Matters.
Why Staging Your House Could Pay Off This Spring
Staging doesn’t always have to mean hiring a full crew or filling your house with rented furniture. There are a few different paths you can take.
4 Ways To Give Your Offer an Edge This Spring
Here’s what you should know if you’re looking to buy a home during this busy spring season.
Rent or Buy? The Real Tradeoff Most People Don’t Talk About
Whether you’re looking to buy now or planning for the future, the first step is the same. Have a quick conversation with a local real estate agent about your goals, timeline, and budget.
The Best Week To List Your House Is Just Around the Corner
Based on analysis of historical trends, the ideal week to put your house on the market this year is: April 12–18.
Affordability Has Improved in All 50 States
When buyers have more choices, it creates a healthier balance in the market and that can help bring affordability back within reach.
The Remodel You’ve Been Dreaming About May Be Closer Than You Think
Whether the project you’ve been thinking about is on this list or not, chat with an agent to make sure it’s worth the time, money, and effort before calling in any contractors.