Homeownership hits 15-year low

| Print |  Email
Must Reads
Tuesday, May 01, 2012
U.S. homeownership fell to its lowest level since 1997 in the year's first quarter.

According to the U.S. Census Bureau, homeownership is now 65.4 percent, a decline of 1 percentage point from a year ago and 3.7 percentage points lower than its 2005 peak. 
About 800,000 borrowers lost their homes in foreclosure in 2011. Meanwhile, fewer people are buying their first home. Even though homes are more affordable because of low prices and low interest rates, it's harder to access credit and the inventory of homes for sale is slim.

Read more at OregonLive.com.

{biztweet}homeownership{/biztweet}


 

More Articles

Store Bought

July/August 2015
Friday, July 10, 2015
BY LINDA BAKER

Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.


Read more...

Portland’s long-distance bike commuters

The Latest
Monday, August 03, 2015
Matt KellyresizethumbBY KIM MOORE | RESEARCH EDITOR

Pushing the extreme.


Read more...

Reader Input: School Choice

September 2015
Thursday, August 20, 2015

Which of the following would be most effective in reducing the cost of operating a public university in Oregon?


Read more...

The 10 most successful crowdfunding campaigns in Oregon

The Latest
Wednesday, August 19, 2015
081915-crowdfundingmainBY JACOB PALMER | DIGITAL NEWS EDITOR

One of the hottest new investment trends has proven quite lucrative for some companies.


Read more...

Business School

September 2015
Wednesday, August 19, 2015
BY AMY MILSHTEIN

Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.


Read more...

Aim High

September 2015
Thursday, August 20, 2015
BY JOE CORTRIGHT

We get the education we deserve.


Read more...

Unshakable

September 2015
Wednesday, August 19, 2015
BY BRIAN LIBBY

Ben Kaiser holds his ground.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS