Homeownership At All Time Low, But…

August 5, 2011 by


Morgan Stanley estimates the true home ownership figures are well below 1965 levels. Image courtesy of bfishshadow

The U.S. Census Bureau has released a new report saying that home ownership has dropped to it’s lowest level since 1965. Given that the U.S. population is more than double what it was in 1965, this is a startling statistic. Another report just released by analysts at Morgan Stanley, pointed out that Census data does [...]

Economists Praying For Housing Recovery

June 2, 2011 by


Economists are desperate for housing markets to pick up. Courtesy of Static Guim

It’s a vicious circle we’re stuck in folks. Home prices won’t go up until there are more jobs, but there won’t be any more jobs around till the housing market recovers. This is a big problem because right now, both the broader economy and housing markets are struggling to get into gear. With hiring losing [...]

13 Percent of American Homes are Vacant, Says Census

March 28, 2011 by


The national vacancy rate now sits at 13 percent, according to the latest decennial census report.  As the number of vacancies grow, the housing market continues to feel the effects, bringing down home values and final sale prices. A good portion of the vacancies are due to foreclosures, and certain states have been hit harder [...]

15 Million Americans Owe More Than Homes Are Worth

February 11, 2011 by


There is a pocket of Americans who have managed to make their mortgage payments and keep their homes, but who also owe more than the homes are actually worth. While some may owe $200,000 on a $198,000 home, others may owe as much as $200,000 on a home only worth $75,000.

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