January 16, 2009

What percentage of Americans owns their home?

Filed under: Real Estate Questions and Answers — Todd Kreps @ 5:16 am

According to the U.S. Census, 47% of householders in the U.S. owned their homes at the beginning of the 20th century. By the 1940s, the homeownership rate declined to 44%. Post World War II population and economic growth coupled with better mortgage lending methods produced steady increases in homeownership. By the beginning of the 21st century, nearly 67% of householders were homeowners.

 

Todd Kreps, Realtor/Broker/ABR     704.564.6941     ToddKreps@StonePropertiesNC.com 

Serving all your Greater Lake Norman real estate needs!

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