Monday, January 25, 2016

U.S. Homeownership at 25 Year Low, Non-Occupant Owners at Record High - WORLD PROPERTY JOURNAL Global News Center

U.S. Homeownership at 25 Year Low, Non-Occupant Owners at Record High - WORLD PROPERTY JOURNAL Global News Center: "According to RealtyTrac's Q1 2015 Cash, Investor & Distressed Sales Report, owner-occupant buyers accounted for 63.2 percent of all residential single family home and condo sales in the first quarter of 2015, down from 65.8 percent in the previous quarter and 68.6 percent a year ago to the lowest quarterly level going back to the first quarter of 2011, the earliest quarter with data available.

In addition, the homeownership rate in the first quarter of 2015 fell to 63.7 percent, the lowest since 1990, according to the U.S. Census. "



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