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Posted: 9:25 PM Feb 1, 2012
Fewer Americans Own Homes Today
It seems the American dream is getting more difficult to achieve.
Reporter: CNN |
The Associated Press
A “sold” notice is posted on the “for sale” sign of a house in Seattle. Home prices in major U.S. cities have risen for the first time in eight months, boosted by an annual flurry of spring buyers. |
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It seems the American dream is getting more difficult to achieve.
According to the Census Bureau, fewer Americans own homes today.
The agency reports 66 percent of Americans owned homes in the fourth quarter last year. That's down from the third quarter, and according to the bureau back at the level it was in 1998.
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