[:en]Easy Chicken Little: Homeownership Rates Are NOT Crashing[:es]Tranquilo ‘Chicken Little’: la tasa de los propietarios de casa NO está colapsando[:]

Easy Chicken Little: Homeownership Rates are NOT Crashing | Simplifying The Market
[:en]The Census recently released their 2015 Q1 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership.

The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau just reported the first quarter of 2015 ended with a homeownership rate of 63.7%. Many reported on this and began to question Americans’ belief in the ideal of homeownership as a major part of the American Dream.

Everyone Calm Down…

It is true the homeownership rate has fallen over the last several years. However, if you look at the national rate over the last 30 years (1984-2014), you can see that the current homeownership rate has returned closer to historic norms. The 63.7% rate is less than a percentage point under the rate in 1985 and 1995.

Easy Chicken Little: Homeownership Rates Are NOT Crashing | Simplifying The Market

What Will the Future Bring?

In a Housing Wire article this week, Ed Stansfield who manages the housing market research at Capital Economics said:

“The homeownership rate fell further at the start of the year to a 22-year low of 63.7. However, with credit conditions now loosening and employment set to continue growing strongly, we suspect this long downward trend may not last for much longer.”

In the same article referenced above, Jonathan Smoke, chief economist for realtor.com, explained why the homeownership rate will probably begin to increase:

“The homeownership rate is likely to bottom this year or next not far from where we are now. By historical patterns, the rate could indeed go up. The simple math behind what it costs to rent versus buy shows that if you can afford the down payment and qualify for a mortgage, it is cheaper to buy rather than rent in 80% of the counties in the US now.”

Bottom Line

With interest rates and prices still below where experts predict, perhaps we should get together and evaluate your ability to purchase a home.[:es]

El Censo recientemente publicó sus estadísticas sobre los propietarios de casa del primer trimestre de 2015, y muchos empezaron a preocuparse que los estadounidenses han dado un paso atrás en la noción de ser propietarios de casa.

La tasa nacional de los propietarios de casa (estadounidenses que son propietarios vs. los que alquilaron su residencia principal) aumentó significativamente durante el auge en el sector de la vivienda, alcanzando su máximo al 69.2 % en 2004. La oficina del Censo apenas informo el primer trimestre de 2015 que termino con una tasa de los propietarios de casa de 63.7 %. Muchos informaron sobre esto y empezaron a cuestionar la creencia de los estadounidenses en la idea del ser propietario de casa como la parte principal del sueño Americano.

Cálmense todos…

Es cierto que la tasa de los propietarios de casa ha caído en los últimos años. Sin embargo, Si usted mira la tasa nacional durante los últimos 30 años (1984-2014), usted puede ver que la tasa actual de los propietarios de casa ha regresado a los patrones históricos. La tasa del 63.7 % es menos de un punto porcentual por debajo de la tasa en 1985 y 1995.

Tasa de propietarios 1Q 15

 

¿Qué nos deparará el futuro?

En un artículo de Housing Wire la semana pasada, Ed Stansfield quien dirige la investigación del mercado de la vivienda en Capital Economics dijo:

“La tasa de los propietarios de casa cayó más a comienzo del año, a lo más bajo en 22 años, al 63.7 %. Sin embargo, ahora con la facilitación en las condiciones del crédito y el empleo que va a seguir creciendo fuerte, sospechamos que esta tendencia bajista no dure por mucho tiempo”.

En el mismo artículo mencionado arriba, Jonathan Smoke, Economista Principal de Realtor.com, explico porque la tasa de los propietarios de casa probablemente comenzara a aumentar:

“la tasa de los propietarios de casa probablemente incremente este año o el próximo no muy lejos de donde estamos ahora. Por los patrones históricos, la tasa de hecho puede subir. La matemática simple detrás de lo que cuesta alquilar versus comprar muestra que si usted puede pagar la cuota inicial y califica para una hipoteca, es más barato comprar que alquilar en el 80 % de los condados en los estados unidos ahora”.

En conclusión

Con las tasas de interés y los precios aún por debajo de lo que los expertos predicen, tal vez deberíamos reunirnos y evaluar su capacidad para comprar una casa.

[:]

[:en]Easy Chicken Little: Homeownership Rates Are NOT Crashing[:es]Tranquilo ‘Chicken Little’: la tasa de los propietarios de casa NO está colapsando[:]

Easy Chicken Little: Homeownership Rates are NOT Crashing | Simplifying The Market

[:en]The Census recently released their 2015 Q1 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau just ...

Continue Reading

[:en]Easy Chicken Little: Homeownership Rates Are NOT Crashing[:es]Tranquilo ‘Chicken Little’: la tasa de los propietarios de casa NO está colapsando[:]

Easy Chicken Little: Homeownership Rates are NOT Crashing | Simplifying The Market

[:en]The Census recently released their 2015 Q1 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership.

The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau just reported the first quarter of 2015 ended with a homeownership rate of 63.7%. Many reported on this and began to question Americans’ belief in the ideal of homeownership as a major part of the American Dream.

Everyone Calm Down…

It is true the homeownership rate has fallen over the last several years. However, if you look at the national rate over the last 30 years (1984-2014), you can see that the current homeownership rate has returned closer to historic norms. The 63.7% rate is less than a percentage point under the rate in 1985 and 1995.

Easy Chicken Little: Homeownership Rates Are NOT Crashing | Simplifying The Market

What Will the Future Bring?

In a Housing Wire article this week, Ed Stansfield who manages the housing market research at Capital Economics said:

“The homeownership rate fell further at the start of the year to a 22-year low of 63.7. However, with credit conditions now loosening and employment set to continue growing strongly, we suspect this long downward trend may not last for much longer.”

In the same article referenced above, Jonathan Smoke, chief economist for realtor.com, explained why the homeownership rate will probably begin to increase:

“The homeownership rate is likely to bottom this year or next not far from where we are now. By historical patterns, the rate could indeed go up. The simple math behind what it costs to rent versus buy shows that if you can afford the down payment and qualify for a mortgage, it is cheaper to buy rather than rent in 80% of the counties in the US now.”

Bottom Line

With interest rates and prices still below where experts predict, perhaps we should get together and evaluate your ability to purchase a home.[:es]

El Censo recientemente publicó sus estadísticas sobre los propietarios de casa del primer trimestre de 2015, y muchos empezaron a preocuparse que los estadounidenses han dado un paso atrás en la noción de ser propietarios de casa.

La tasa nacional de los propietarios de casa (estadounidenses que son propietarios vs. los que alquilaron su residencia principal) aumentó significativamente durante el auge en el sector de la vivienda, alcanzando su máximo al 69.2 % en 2004. La oficina del Censo apenas informo el primer trimestre de 2015 que termino con una tasa de los propietarios de casa de 63.7 %. Muchos informaron sobre esto y empezaron a cuestionar la creencia de los estadounidenses en la idea del ser propietario de casa como la parte principal del sueño Americano.

Cálmense todos…

Es cierto que la tasa de los propietarios de casa ha caído en los últimos años. Sin embargo, Si usted mira la tasa nacional durante los últimos 30 años (1984-2014), usted puede ver que la tasa actual de los propietarios de casa ha regresado a los patrones históricos. La tasa del 63.7 % es menos de un punto porcentual por debajo de la tasa en 1985 y 1995.

Tasa de propietarios 1Q 15

 

¿Qué nos deparará el futuro?

En un artículo de Housing Wire la semana pasada, Ed Stansfield quien dirige la investigación del mercado de la vivienda en Capital Economics dijo:

“La tasa de los propietarios de casa cayó más a comienzo del año, a lo más bajo en 22 años, al 63.7 %. Sin embargo, ahora con la facilitación en las condiciones del crédito y el empleo que va a seguir creciendo fuerte, sospechamos que esta tendencia bajista no dure por mucho tiempo”.

En el mismo artículo mencionado arriba, Jonathan Smoke, Economista Principal de Realtor.com, explico porque la tasa de los propietarios de casa probablemente comenzara a aumentar:

“la tasa de los propietarios de casa probablemente incremente este año o el próximo no muy lejos de donde estamos ahora. Por los patrones históricos, la tasa de hecho puede subir. La matemática simple detrás de lo que cuesta alquilar versus comprar muestra que si usted puede pagar la cuota inicial y califica para una hipoteca, es más barato comprar que alquilar en el 80 % de los condados en los estados unidos ahora”.

En conclusión

Con las tasas de interés y los precios aún por debajo de lo que los expertos predicen, tal vez deberíamos reunirnos y evaluar su capacidad para comprar una casa.

[:]

[:en]Easy Chicken Little: Homeownership Rates Are NOT Crashing[:es]Tranquilo ‘Chicken Little’: la tasa de los propietarios de casa NO está colapsando[:]

Easy Chicken Little: Homeownership Rates are NOT Crashing | Simplifying The Market

[:en]The Census recently released their 2015 Q1 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% in 2004. The Census Bureau just ...

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