Home Ownership Falls to 1990s Levels

From RealTrends.com: The U.S. home-ownership rate fell to the lowest level since the mid-1990s, according to a Census release showing that despite two years of recovery in the housing market there are still fewer home owners than before the recession.Some 64.8% of American families—about 74.4 million households—owned the homes they lived in during the first quarter of this year, down from 65.2% at the end of 2013, according to the U.S. Census Bureau. That was the lowest level since 1995 and a significant drop from 2006, when a peak of 76.5 million households, or 68.9%, were owners.

Read more: Home Ownership Falls to 1990s Levels – WSJ.com