“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.
Taking the Fear out of Saving for a Home
If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first but a trusted real estate professional can help.
What’s Ahead for Home Prices?
The housing market is shifting, and it’s a confusing place right now. Let’s connect so you have a trusted professional to help you make an informed decisions about what’s happening in our market.
The Emotional and Non-financial Benefits of Homeownership
If you’re looking to put down roots, homeownership can help fuel a sense of connection to the area and those around you.
The Cost of Waiting for Mortgage Rates to Go Down
As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can afford.
How To Prep Your House for Sale This Fall
Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your investment.
If You’re Thinking of Selling Your House This Fall, Hire a Pro
A trusted real estate advisor will keep you updated and help you make the best decisions based on current market trends.