Homeownership Rate on the Rise to a 6-Year High.
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years.
Today’s low interest rates are providing a break to new homeowners too, regardless of generation, making homeownership more desirable and achievable at the same time.
If you’re considering buying a home this year, reach out to us at 480-788-4118 to set a plan that will help you get one step closer to achieving your dream!
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Awni and Chantell Abbas
"AWNTEL"
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