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srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151703\/20200504-KCM-Share.jpg 750w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151703\/20200504-KCM-Share-549x300.jpg 549w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/>\t<div class=\"post-inner-content\">\n\t\t<header class=\"entry-header page-header\">\n\n\t\t\t<h1 class=\"entry-title \">U.S. Homeownership Rate Rises to Highest Point in 8 Years<\/h1>\n\n\t\t\t<div class=\"entry-meta\">\n\t\t\t\t<span class=\"posted-on\"><i class=\"fa fa-calendar\"><\/i> <a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2020\/05\/04\/u-s-homeownership-rate-rises-to-highest-point-in-8-years\/\" rel=\"bookmark\"><time class=\"entry-date published\" datetime=\"2020-05-04T06:00:46+00:00\">Monday May 4th, 2020<\/time><time class=\"updated\" datetime=\"2020-05-04T15:33:33+00:00\">Monday May 4th, 2020<\/time><\/a><\/span><span class=\"byline\"> <i class=\"fa fa-user\"><\/i> <span 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title=\"\" onclick=\"essb.pinterest_picker('442569387'); return false;\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" class=\"nolightbox\"><span class=\"essb_icon essb_icon_pinterest\"><\/span><span class=\"essb_network_name\">Pinterest<\/span><\/a><\/li><li class=\"essb_item essb_link_print nolightbox\"> <a href=\"#\" title=\"\" onclick=\"essb.print('442569387'); return false;\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" class=\"nolightbox\"><span class=\"essb_icon essb_icon_print\"><\/span><span class=\"essb_network_name\">Print<\/span><\/a><\/li><\/ul><\/div><p>For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time at home, highlighting the feeling of security that comes with having a much-needed safe place for our families to live.<span id=\"more-42246\"><\/span><br \/>\nThe latest results of the <a href=\"https:\/\/www.census.gov\/housing\/hvs\/files\/currenthvspress.pdf\"><em>Housing Vacancy Survey<\/em><\/a> (HVS) provided by the <em>U.S. Census Bureau<\/em> shows how Americans place immense value in homeownership, and it is continuing to grow in the United States. The results indicate that the homeownership rate increased to 65.3% for the first quarter of 2020, a number that has been rising since 2016 and is the highest we\u2019ve seen in eight years <em>(see graph below):<\/em><a href=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1.jpg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-42249\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1.jpg\" alt=\"U.S. Homeownership Rate Rises to Highest Point in 8 Years | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1.jpg 1000w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1-400x300.jpg 400w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/a>Why is the rate increasing? The <em>National Association of Home Builders (NAHB)<\/em> <a href=\"http:\/\/eyeonhousing.org\/2020\/04\/homeownership-rate-up-in-the-first-quarter-2020\/\">explained<\/a>:<\/p>\n<blockquote><p><em>\u201cStrong owner household formation with around 2.7 million homeowners added in the first quarter has driven up the homeownership rate, especially under the decreasing mortgage interest rates and strong new home sales and existing home sales in the first two months before the COVID-19 pandemic hit the economy.\u201d<\/em><\/p><\/blockquote>\n<p>The NAHB also emphasizes the year-over-year increase in each generational group:<\/p>\n<blockquote><p><em>\u201cThe homeownership rates among all age groups increased in the first quarter 2020. Households under 35, mostly first-time homebuyers, registered the largest gains, with the homeownership rate up 1.9 percentage points from a year ago. Households ages 35-44 experienced a 1.2 percentage points gain, followed by the 55-64 age group (a 0.9 percentage point increase), the 45-54 age group (a 0.8 percentage point gain), and the 65+ group age (up by 0.2 percentage point).\u201d (See chart below):<\/em><\/p><\/blockquote>\n<p><a href=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2.jpg\" data-rel=\"lightbox-image-1\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-42248\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2.jpg\" alt=\"U.S. Homeownership Rate Rises to Highest Point in 8 Years | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2.jpg 1000w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2-400x300.jpg 400w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/a>Homeownership is an important part of the <a href=\"https:\/\/www.simplifyingthemarket.com\/2019\/03\/14\/homeownership-is-a-cornerstone-of-the-american-dream\/\">American dream<\/a>, especially in moments like this when many are feeling incredibly grateful for the home they have to shelter in place with their families. COVID-19 may be slowing our lives down, but it is showing us the emotional value of homeownership too.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you\u2019re considering buying a home this year, let\u2019s connect to set a plan that will help you get one step closer to achieving your dream.<\/p>\n\n<div class=\"wp_rp_wrap wp_rp_vertical\" id=\"wp_rp_first\"><div class=\"wp_rp_content\"><h3 class=\"related_post_title\"><br><br>You might also enjoy reading…<\/h3><ul class=\"related_post wp_rp\"><li data-position=\"0\" data-poid=\"ex-in_42215\" data-post-type=\"own_sourcefeed\" ><a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2020\/04\/29\/buying-a-home-right-now-easy-no-smart-yes\/\" class=\"wp_rp_thumbnail\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/04\/28105658\/20200429-KCM-Share-150x150.jpg\" alt=\"Buying a Home Right Now: Easy? No. Smart? Yes.\" width=\"150\" height=\"150\" \/><\/a><a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2020\/04\/29\/buying-a-home-right-now-easy-no-smart-yes\/\" class=\"wp_rp_title\">Buying a Home Right Now: Easy? No. Smart? 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class='postform' >\n\t<option value='-1'>Select Category<\/option>\n\t<option class=\"level-0\" value=\"48\">Baby Boomers<\/option>\n\t<option class=\"level-0\" value=\"50\">Buying Myths<\/option>\n\t<option class=\"level-0\" value=\"47\">Demographics<\/option>\n\t<option class=\"level-0\" value=\"3\">Distressed Properties<\/option>\n\t<option class=\"level-0\" value=\"40\">Down Payments<\/option>\n\t<option class=\"level-0\" value=\"42\">Featured<\/option>\n\t<option class=\"level-0\" value=\"11\">First Time Home Buyers<\/option>\n\t<option class=\"level-0\" value=\"28\">For Agents<\/option>\n\t<option class=\"level-0\" value=\"5\">For Buyers<\/option>\n\t<option class=\"level-0\" value=\"6\">For Sellers<\/option>\n\t<option class=\"level-0\" value=\"7\">Foreclosures<\/option>\n\t<option class=\"level-0\" value=\"41\">FSBOs<\/option>\n\t<option class=\"level-0\" value=\"60\">Gen Z<\/option>\n\t<option class=\"level-0\" value=\"49\">Generation X<\/option>\n\t<option class=\"level-0\" value=\"43\">Housing Market Updates<\/option>\n\t<option class=\"level-0\" value=\"8\">Infographics<\/option>\n\t<option class=\"level-0\" value=\"35\">Interest Rates<\/option>\n\t<option class=\"level-0\" value=\"52\">Luxury Market<\/option>\n\t<option class=\"level-0\" value=\"37\">Millennials<\/option>\n\t<option class=\"level-0\" value=\"38\">Move-Up Buyers<\/option>\n\t<option class=\"level-0\" value=\"45\">New Construction<\/option>\n\t<option class=\"level-0\" value=\"9\">Pricing<\/option>\n\t<option class=\"level-0\" value=\"53\">Rent vs. Buy<\/option>\n\t<option class=\"level-0\" value=\"51\">Selling Myths<\/option>\n\t<option class=\"level-0\" value=\"34\">Senior Market<\/option>\n\t<option class=\"level-0\" value=\"1\">Uncategorized<\/option>\n<\/select>\n<\/form>\n<script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n(function() {\n\tvar dropdown = document.getElementById( \"cat\" );\n\tfunction onCatChange() {\n\t\tif ( dropdown.options[ dropdown.selectedIndex ].value > 0 ) {\n\t\t\tdropdown.parentNode.submit();\n\t\t}\n\t}\n\tdropdown.onchange = onCatChange;\n})();\n\/* ]]> *\/\n<\/script>\n\n\t\t\t<\/aside>\t\t<\/div>\n\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\t<div id=\"footer-area\">\n\t\t<div class=\"container footer-inner\">\n\t\t\t<div class=\"row\">\n\t\t\t\t\n\t\n\t<div class=\"footer-widget-area\">\n\t\t\t\t<div class=\"col-sm-4 footer-widget\" role=\"complementary\">\n\t\t\t<div id=\"text-9\" class=\"widget widget_text\">\t\t\t<div class=\"textwidget\"><span style=\"font-size:10px;color:#888;line-height:12px;\"><i>The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Eileen Kedersha and Keeping Current Matters, Inc. do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. 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{"id":2555,"date":"2020-05-04T06:34:12","date_gmt":"2020-05-04T06:34:12","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=2555"},"modified":"2020-05-27T06:40:55","modified_gmt":"2020-05-27T06:40:55","slug":"u-s-homeownership-rate-rises-to-highest-point-in-8-years","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=2555","title":{"rendered":"U.S. Homeownership Rate Rises to Highest Point in 8 Years"},"content":{"rendered":"\n\n\t\n\t\n\t\n\t\n\t\n \n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\n\n\n\n\nU.S. Homeownership Rate Rises to Highest Point in 8 Years | Real Estate with Eileen Kedersha<\/title>\n<link rel=\"profile\" href=\"http:\/\/gmpg.org\/xfn\/11\">\n<link rel=\"pingback\" href=\"https:\/\/www.simplifyingthemarket.com\/xmlrpc.php\">\n\n\n\n\n\n\n\t\t\t\t<meta name=\"twitter:card\" content=\"summary_large_image\">\n\t\t\t<meta name=\"twitter:title\" content=\"U.S. Homeownership Rate Rises to Highest Point in 8 Years\">\n\t\t\t<meta name=\"twitter:description\" content=\"For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. 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src='\/\/d3ji0cvbs6fxrf.cloudfront.net\/logos\/20200517160609.png' alt='One Sotheby's International Realty'\/><\/div>\n\t\t\t\t\t<div id=\"logo\">\n\t\t\t\t\t\t<span class=\"site-name\"><a class=\"navbar-brand\" href=\"https:\/\/www.simplifyingthemarket.com\/en\/\" title=\"Simplifying the Market™\" rel=\"home\"><span id=\"reby\" style=\"font-family: 'Dancing Script', cursive; font-size:20px; position:relative; bottom:2px;\">Real Estate with<\/span> <span id=\"namelogo\" style=\"font-family: 'Oswald', sans-serif; text-transform: uppercase; font-size: 1.2em; \">Eileen Kedersha<\/span><span id=\"kcmlogo\" style=\"font-family: 'Oswald', sans-serif; text-transform: uppercase; font-size: 22px; display:none; white-space: nowrap;\">Keeping Current Matters<\/span><\/a><\/span>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t <\/div>\n\t\t\t\t<div class=\"collapse navbar-collapse navbar-ex1-collapse\"><ul id=\"menu-login-menu\" class=\"nav navbar-nav\"><li id=\"menu-item-30694\" class=\"menu-item 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href=\"https:\/\/www.simplifyingthemarket.com\/es\/2020\/05\/04\/u-s-homeownership-rate-rises-to-highest-point-in-8-years\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\">Espa\u00f1ol<\/a><\/li>\n<\/ul>\n<\/li>\n<li id=\"menu-item-36381\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children menu-item-36381 dropdown\"><a title=\"Free Buying\/Selling Guides\" href=\"#\" data-toggle=\"dropdown\" class=\"dropdown-toggle\">Free Buying\/Selling Guides <span class=\"caret\"><\/span><\/a>\n<ul role=\"menu\" class=\" dropdown-menu\">\n\t<li id=\"menu-item-36384\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-36384\"><a title=\"Buyers Guide\" href=\"https:\/\/www.simplifyingthemarket.com\/en\/buyers\/\">Buyers Guide<\/a><\/li>\n\t<li id=\"menu-item-36383\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-36383\"><a title=\"Sellers Guide\" href=\"https:\/\/www.simplifyingthemarket.com\/en\/sellers\/\">Sellers Guide<\/a><\/li>\n\t<li id=\"menu-item-36382\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-36382\"><a title=\"Millennial Buying Guide\" href=\"https:\/\/www.simplifyingthemarket.com\/en\/millennials\/\">Millennial Buying Guide<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul><\/div>\n\t\t\t\t\t<\/div>\n\t\t <\/div>\n\t\t <\/div>\n\n\n\t\t<\/nav>\n\t<\/header>\n\n\t<div id=\"content\" class=\"site-content\">\n\t\t<div id='mobile-profile'><img class='mobile-profile-photo' src='\/\/d3ji0cvbs6fxrf.cloudfront.net\/20200517161225.png'\/><span class='mobile-profile-name'>Eileen Kedersha<\/span><br\/>\n\t\t\t\t\t\t<span class='mobile-profile-company'>One Sotheby’s International Realty<\/span><br\/><a href='tel:9544623600' id='mobile-profile-call' class='mobile-profile-button'><i class='fa fa-volume-control-phone' aria-hidden='true'><\/i><\/a><a href='mailto:Eileen@sfloridaluxuryhomes.com' id='mobile-profile-email' class='mobile-profile-button'><i class='fa fa-envelope-o' aria-hidden='true'><\/i><\/a><\/div>\t\t<div class=\"top-section\">\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t<div class=\"container main-content-area\" id=\"kcm-post-content\">\n\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"main-content-inner col-sm-12 col-md-8 pull-left\" style='margin-top:35px;'>\n\t<div id=\"primary\" class=\"content-area\">\n\t\t<main id=\"main\" class=\"site-main\" role=\"main\">\n\n\t\t\n\t\t\t\n<article id=\"post-42246\" class=\"post-42246 post type-post status-publish format-standard has-post-thumbnail hentry category-first-time-home-buyers category-buyers\">\n\t<img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"410\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151703\/20200504-KCM-Share.jpg\" class=\"single-featured wp-post-image\" alt=\"U.S. Homeownership Rate Rises to Highest Point in 8 Years | Simplifying The Market\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151703\/20200504-KCM-Share.jpg 750w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151703\/20200504-KCM-Share-549x300.jpg 549w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/>\t<div class=\"post-inner-content\">\n\t\t<header class=\"entry-header page-header\">\n\n\t\t\t<h1 class=\"entry-title \">U.S. Homeownership Rate Rises to Highest Point in 8 Years<\/h1>\n\n\t\t\t<div class=\"entry-meta\">\n\t\t\t\t<span class=\"posted-on\"><i class=\"fa fa-calendar\"><\/i> <a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2020\/05\/04\/u-s-homeownership-rate-rises-to-highest-point-in-8-years\/\" rel=\"bookmark\"><time class=\"entry-date published\" datetime=\"2020-05-04T06:00:46+00:00\">Monday May 4th, 2020<\/time><time class=\"updated\" datetime=\"2020-05-04T15:33:33+00:00\">Monday May 4th, 2020<\/time><\/a><\/span><span class=\"byline\"> <i class=\"fa fa-user\"><\/i> <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/www.simplifyingthemarket.com\/en\/author\/caety\/\">KCM Crew<\/a><\/span><\/span>\n\t\t\t\t\t\t\t\t<span class=\"cat-links\"><i class=\"fa fa-folder-open-o\"><\/i>\n\t\t\t\t\t <a href=\"https:\/\/www.simplifyingthemarket.com\/en\/category\/buyers\/first-time-home-buyers\/\" rel=\"category tag\">First Time Home Buyers<\/a>, <a href=\"https:\/\/www.simplifyingthemarket.com\/en\/category\/buyers\/\" rel=\"category tag\">For Buyers<\/a>\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\n\t\t\t<\/div>\n\t\t<\/header>\n\n\t\t<div class=\"entry-content\">\n\n\n\n\n\n\t\t\t<div class=\"essb_links essb_displayed_float essb_share essb_template_flat-retina essb_442569387 print-no\" id=\"essb_displayed_float_442569387\" data-essb-postid=\"42246\" data-essb-position=\"float\" data-essb-button-style=\"icon_hover\" data-essb-template=\"flat-retina\" data-essb-counter-pos=\"hidden\" 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title=\"\" onclick=\"essb.pinterest_picker('442569387'); return false;\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" class=\"nolightbox\"><span class=\"essb_icon essb_icon_pinterest\"><\/span><span class=\"essb_network_name\">Pinterest<\/span><\/a><\/li><li class=\"essb_item essb_link_print nolightbox\"> <a href=\"#\" title=\"\" onclick=\"essb.print('442569387'); return false;\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" class=\"nolightbox\"><span class=\"essb_icon essb_icon_print\"><\/span><span class=\"essb_network_name\">Print<\/span><\/a><\/li><\/ul><\/div><p>For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time at home, highlighting the feeling of security that comes with having a much-needed safe place for our families to live.<span id=\"more-42246\"><\/span><br \/>\nThe latest results of the <a href=\"https:\/\/www.census.gov\/housing\/hvs\/files\/currenthvspress.pdf\"><em>Housing Vacancy Survey<\/em><\/a> (HVS) provided by the <em>U.S. Census Bureau<\/em> shows how Americans place immense value in homeownership, and it is continuing to grow in the United States. The results indicate that the homeownership rate increased to 65.3% for the first quarter of 2020, a number that has been rising since 2016 and is the highest we\u2019ve seen in eight years <em>(see graph below):<\/em><a href=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1.jpg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-42249\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1.jpg\" alt=\"U.S. Homeownership Rate Rises to Highest Point in 8 Years | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1.jpg 1000w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151706\/20200504-MEM-Eng-1-400x300.jpg 400w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/a>Why is the rate increasing? The <em>National Association of Home Builders (NAHB)<\/em> <a href=\"http:\/\/eyeonhousing.org\/2020\/04\/homeownership-rate-up-in-the-first-quarter-2020\/\">explained<\/a>:<\/p>\n<blockquote><p><em>\u201cStrong owner household formation with around 2.7 million homeowners added in the first quarter has driven up the homeownership rate, especially under the decreasing mortgage interest rates and strong new home sales and existing home sales in the first two months before the COVID-19 pandemic hit the economy.\u201d<\/em><\/p><\/blockquote>\n<p>The NAHB also emphasizes the year-over-year increase in each generational group:<\/p>\n<blockquote><p><em>\u201cThe homeownership rates among all age groups increased in the first quarter 2020. Households under 35, mostly first-time homebuyers, registered the largest gains, with the homeownership rate up 1.9 percentage points from a year ago. Households ages 35-44 experienced a 1.2 percentage points gain, followed by the 55-64 age group (a 0.9 percentage point increase), the 45-54 age group (a 0.8 percentage point gain), and the 65+ group age (up by 0.2 percentage point).\u201d (See chart below):<\/em><\/p><\/blockquote>\n<p><a href=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2.jpg\" data-rel=\"lightbox-image-1\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-42248\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2.jpg\" alt=\"U.S. Homeownership Rate Rises to Highest Point in 8 Years | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2.jpg 1000w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/05\/01151705\/20200504-MEM-Eng-2-400x300.jpg 400w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/a>Homeownership is an important part of the <a href=\"https:\/\/www.simplifyingthemarket.com\/2019\/03\/14\/homeownership-is-a-cornerstone-of-the-american-dream\/\">American dream<\/a>, especially in moments like this when many are feeling incredibly grateful for the home they have to shelter in place with their families. COVID-19 may be slowing our lives down, but it is showing us the emotional value of homeownership too.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you\u2019re considering buying a home this year, let\u2019s connect to set a plan that will help you get one step closer to achieving your dream.<\/p>\n\n<div class=\"wp_rp_wrap wp_rp_vertical\" id=\"wp_rp_first\"><div class=\"wp_rp_content\"><h3 class=\"related_post_title\"><br><br>You might also enjoy reading…<\/h3><ul class=\"related_post wp_rp\"><li data-position=\"0\" data-poid=\"ex-in_42215\" data-post-type=\"own_sourcefeed\" ><a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2020\/04\/29\/buying-a-home-right-now-easy-no-smart-yes\/\" class=\"wp_rp_thumbnail\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/04\/28105658\/20200429-KCM-Share-150x150.jpg\" alt=\"Buying a Home Right Now: Easy? No. Smart? 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