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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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For-Sale Inventory Shrinks at Fastest Pace in Four Years

Thursday, June 22, 2017

The number of for-sale homes hitting the market is dropping at its fastest pace in almost four years, according to the May Zillow Real Estate Market Reports. The typical home stayed on the market for just 77 days, the fewest days on Zillow ever reported....

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First Wood Stove Certified to EPA’s Cordwood Standard

Friday, June 16, 2017

A brand new entry into the wood stove wars of North America is the first wood stove to be certified by the Environmental Protection Agency (EPA) to its 2020 New Source Performance Standards (NSPS) emissions standard tested with cordwood. The Kiwi VcV...

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