Thursday, December 8, 2016

Homes on the Range: Homeownership Rates Are Higher in Rural America

"For decades, homeownership rates have been an important indicator of the health of housing markets all across the United States. Communities use these data to recognize the changing landscape of their housing markets by analyzing patterns in the percentage of owner-occupied housing units compared  to all occupied units. Homebuilders, financial institutions and realtors all depend on homeownership data to determine what type of housing to build, finance and sell to prospective homebuyers. While last decade’s housing crash and Great Recession altered the economy and conditions of housing markets throughout the nation, studies have shown that most Americans continue to believe homeownership is both desirable and attainable..."
Rural homeownership

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