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Falling Homeownership

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John Burns Real Estate Company, Seattle, Puget Sound, Homeownership
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By John Burns, CEO Today’s 63.7% US homeownership rate* (down from 69.1% 12 years ago) is propped up by a very high homeownership rate for those aged 65+ who bought their homes many years ago. They benefited from a strong economy, more affordable housing during their working years (even adjusting for mortgage rates and inflation), […]

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