ARE YOU STILL RENTING?
The U.S. homeownership rate increased more during the 1990's than in any decade
since the 1950's. The net increase in homeowners during the '90's was the second-highest on record, with homeownership expanding in virtually all regions and states and in many of the nation's larger cities. The analysis found that the national homeownership rate increased by 2 percentage points during the 1990's, reaching a record level of 66.2
percent by decade's end. The number of homeowners grew by 10.8 million - 50 percent greater than during the 1980's and was exceeded only by the record increase of 11.9 million during the 1970's.
SOURCE: The Real Estate Professional July/August 2001
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