Mortgage And Real Estate News

Saturday, January 11, 2014

Arizona’s lost homeownership

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The Phoenix area, Maricopa County and Arizona posted the biggest estimated declines in U.S. homeownership rates in their categories in recent years, confirming that metro Phoenix was in important ways the national epicenter of the housing crash.

Newly released Census Bureau data shows the metro area, the county and the state swung from slightly above-average homeownership from 2007-09 to slightly below-average rates in the 2010-12 period.

Read more...Arizona’s lost homeownership

Reuters: Business News

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