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Showing posts from June, 2018

Odds Are in Your Favor

According to the US Census Bureau  – that bunch who make every party worth attending  – the homeownership rate for the first quarter of this year is 64.2%.  In comparing that number against the same time last year, they stated, “The homeownership rate of 64.2% was not statistically different from the rate in the  first quarter 2017 (63.6%).”  While they may not find a .6% increase to be “statistically different”, I beg to differ.   According to this same bunch of party animals at the US Census Bureau, there are over 251 million people living here in the United States over the age of 18 years old.  When you multiply that number by .6%, you get over $1.5 million MORE people who became homeowners.  I’d say that’s VERY significant.   Before any of you get all technical and wonky on me by saying, “Well, sure, 64.2% is a pretty great number, but that means that there’s still 35.8% of us who aren’t homeowners  – and when you multiply that number by the adult population of the U