The latest news of interest to multifamily housing investors in Oregon and Washington.
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Tuesday, February 22, 2011
1.1 Million More Renters in 2010
The latest data from the U.S. Census Bureau indicates the number of homeowners continues to fall. The nation's homeownership rate was 66.5 percent in the fourth quarter of 2010, down from a high of 69.2 percent in 2004. Q4 2010 had 1.1 million more people renting than Q4 2009.