Homeownership is down to 65 percentage of Americans who will own homes before homeownership trends reverse. Capital Economics (CE) predicted last July that homeownership would have to fall to a low of 64 percent before starting to rise again, and the data firm has recently confirmed that it still predicts that number. Homeownership is presently at 65 percent and will likely hit 64 percent “within a year or so” according to CE[1].

 


[1] http://www.dsnews.com/articles/tight-lending-persistent-foreclosures-to-prompt-further-homeownership-declines-2013-05-03