Complete Story


5 Reasons to be Optimistic About Homeownership

After seesawing at around a 50–year low in recent years, the first three months of this year offered a glimmer of hope that the U.S. homeownership rate is ready to break out.

Now at 64.2%, the Millennial generation will play a key role in steering homeownership levels higher in the years ahead.

Yes, those Millennials. The ones chastised for spending too much money on avocado toast and glaring at their phones for hours at a time.

What else are the doing? Settling into their careers, entering their prime years to buy a home, getting married, and having children — all key actions that spark interest in buying a home.

But it's not just Millennials that have us anticipating an upswing in homeownership.

As we near the end of our month–long National Homeownership Month blog series, here's an infographic on why we're optimistic about homeownership in coming years:


Source: FreddieMac

Printer-Friendly Version

Thanks to our Advertisers

BIA of Central Ohio members can harness the power of the new BIA website with this advertising opportunity. Your ad will rotate with up to two other ads in your ad space for a total of up to three advertisers. BIA reserves the right to include BIA ads. BIA reviews all ads for content and reserves the right to decline ads containing objectionable material.  With approximately 3,500 visitors (2,630 unique visitors) and 8,900-page visits per month, you won't want to miss this opportunity. Contact the BIA if you want to increase your company's reach.

Advertise with BIA