Homeowners of the Future: “Other” U.S. homeownership rates slipped last year from 69% in 2004 to 68.9% in 2005. The question is why the reversal, and will the decline continue? Demographer Cheryl Russell blogs in her Demo Memo (http://www.demomemo.blogspot.com/) that a reason may be the “economic malaise of the past few years, with incomes stagnating and poverty increasing. Another explanation could be divorce, with homeowning couples splitting into two households—one owner and one renter. Or perhaps homeowners in some markets have cashed out.

Whiter Non-Hispanic white rates rose from 70.9% to 75.8 % between 1995 and 2005. Hispanic or Latino rates rose from 42.1% to 49.5%, in the same period. Among blacks, went from 42.7% to 48.2%, during the same period.

Younger Rates among householders under age 25 climbed from 17% to 26%, between 1985 and 2005.

The number of homeowners in the age group increased by an enormous 79%, to 1.7 million

During the same time period, rates among 35 to 44 year olds increased from 65% to 69%, or from 12 million to 15 million, a 25% leap.

Less Nuclear Female “single-person” homeownership rates rose from 48 to 55% in the 20-year period. In raw numbers, the increase from 11.5 million to 17.3 million reflects a 50% jump.

Married-couple families' rates represented 69% of homeownership in 1985. By 2005, the married-couple percentage of total homeownership had fallen to 62%.