Saturday, March 13, 2004
Housing Facts You Can Use
Americans are mobile
Census figures show that each year 1 in 5 of Americans buy a new home or rent a new apartment.
Indeed, the average American lives in a different place 11 times during their lifeime.
Home Sales
About 5 million existing homes and 1 million new construction homes were sold in 2003.
Households
There are almost 105 million households in the United States, with an average of 2.6 members per household.
About 68% of American households own a home.
Married couples make up a little over half of all households.
Immigrants and minorities will make up 2/3 of new household growth over the next decade.
Census figures show that each year 1 in 5 of Americans buy a new home or rent a new apartment.
Indeed, the average American lives in a different place 11 times during their lifeime.
Home Sales
About 5 million existing homes and 1 million new construction homes were sold in 2003.
Households
There are almost 105 million households in the United States, with an average of 2.6 members per household.
About 68% of American households own a home.
Married couples make up a little over half of all households.
Immigrants and minorities will make up 2/3 of new household growth over the next decade.
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