Wednesday, July 28, 2010

Homeownership Rate Falls

According to a report on Bloomberg.com, the U.S. homeownership rate fell to 66.9 percent, the lowest rate since 1999. The U.S. Census Bureau estimates the number of vacant homes at 18.6 million, the result of foreclosures, homes for sale, and under utilized vacation homes.

Read the entire report by clicking here.

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