Monday, June 29, 2009

U.S. homeownership rate graph

Hat tip: Calculated Risk

1 comment:

  1. The 1973 to 1975 recession was severe, although not as severe as the current one.
    I think the brief moment of hope that housing had hit a bottom and that both the rate of home sales and prices would improve is slipping away.

    "The pressures that will push prices down, by another 20% in some markets, are rising interest rates and an unemployment rate that will almost certainly go over 10% and stay there for several quarters."

    Recently read an interesting article on a similar premise.Is the housing market improving