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69.2%: Of families owned their homes before the credit bubble burst.
SOURCE: U.S. Census Bureau
4.33%: National average on interest rates for a 30-year fixed rate mortgage. The national average for a 15-year fixed mortgage is 3.84%. Both are some of the lowest interest rates for fixed mortgages in history.
SOURCE: Interest.com - Sept. 1, 2010
66.9%: Percentage of U.S. homes in 2010 that are owner-occupied (as of Q2).
2,224: Median home size in squre feet. Compare that to a median home size of 1,650 sq. ft. in 1978. Interestingly, the average family size (number of individiuals in the family) was larger in 1978 (3.33 people per household) than it was now (3.15).
62: Minimum age to qualify for a reverse mortgage.
115%: Percentage amount in which prime-loan delinquencies jumped in 2008 (some 1.5 million homes possibly affected by the foreclosure boom's next wave). FYI - Prime loans are the lowest-risk category to default.
6 months: “New homeowners purchase more products and services in the first six months after moving than an established resident spends in a two-year period."
81%: Proportion of householders 65 and older in 2006 who owned their homes. This compares with 43 percent for householders at the other end of the age spectrum — younger than 35.
Source: Current Population Survey/Housing Vacancy Survey
35%: Percentage of families who plan to or will move into a new home after having 1st child.
SOURCE: Survey results conducted by BabyCenter (thousands of moms participated) and released in an article called “The Real Cost of Raising a Baby” by Deborah Pike Olsen. Data last updated August 2007
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