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Homeownership Statistics Drop

U.S. Census Bureau:  homeownership dips to 66.6 percent in 2008. The homeownership statisticsU.S. Census Bureau recently released its American Community Survey and nationally, homeownership dropped to its lowest level in six years.

In Illinois, homeownership rates were at 69.3 percent for 2008.


Housing:  California homeowners with mortgages ($2,384) had the highest median housing costs in the nation. New Jersey had the second highest median housing cost ($2,360).  Hawaii ($2,265) and the District of Columbia ($2,218) followed, but were not significantly different from each other.  Rounding out the top six were Connecticut ($2,108) and Massachusetts ($2,105), which also were not significantly different from each other.

In Illinois, the most popular price bracket for homes is $200,000 to $299,000.





Sources: IL Housing Statistics 2008, Census

 
 

Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324

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2 commentsLyn Sims - Schaumburg Homes • October 06 2009 02:40PM