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2016 Homeownership Falls to 63.4%

Monday, May 1, 2017

The homeownership rate in 2016 fell to 63.4%, according to the Census Bureau's Housing Vacancies and Homeownership Survey – down 0.3 percentage points in the past year. To find a lower homeownership rate, you have to go all the way back to 1965. Since the homeownership rate peaked in 2004, it has fallen by 5.6 percentage points.

Homeownership Rate

2016: 63.4%
2015: 63.7%
2010: 66.9%
2004: 69.0% (peak year)
2000: 67.4%
1990: 63.9%
1980: 65.6%
1970: 64.2%
1960: 62.1%

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In Memoriam Bernard “Burnie” Dolberg 1928-2017

Monday, November 20, 2017

Bernard “Burnie” Dolberg passed away on Nov. 16, 2017. He was the longtime owner of The Fireplace Place in Fairfield, New Jersey. Dolberg was a proud WWII veteran. He was a pioneer and fixture in the Hearth Industry for over 35 years....

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Builder Confidence Edges Up

Friday, November 17, 2017

Builder confidence in the market for newly-built, single-family homes rose two points to a level of 70 in November on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), the highest score since March, and the second...

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Why Only 11% of Us Are Moving

Friday, November 17, 2017

Businesses that thrive when American households, in droves, pack up their belongings and move them to another residence are mystified. Why, since the economy has been growing, wealth and household equity have been restored, and the Internet has continued...

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