Home Ownership Dips to Lowest Level in Almost 50 Years

The U.S. homeownership rate fell to 63.4 percent in the second quarter of 2015, according to the U.S. Census. That is down from 63.7 percent in the first quarter and from 64.7 percent in the same quarter of 2014. It marks the lowest homeownership rate since 1967.
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Number two in our series of Pool Homes and Backyard Oasis: How does this rank in your mind on a scale of 1-10? 1 is low and 10 is high.

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Now this is indoor/outdoor living at its very best. What do you like best about this property?

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Guess Who Won't Be Able to Buy a Home If Interest Rates Keep Rising

Mortgage rates hit a 2015 high when the national average rate on a 30-year fixed-rate mortgage hit 4.08% earlier this week, according to Freddie Mac's weekly survey. That's lower than where the U.S. average was at this time last year (4.12%), but home loan pricing (rates, loans and fees, taken together) has been on the rise for most of 2015, pushing homeownership out of reach for many Americans, as the cost of a mortgage creeps up.
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LOCATION means everything, but I think this home would probably be perfect almost no matter where it was? With that said, let's leave it right where it is, shall we?

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Indoor-outdoor living at its finest. But help me out here, does this staircase lead to the pool where you have to hop to the other little island to leave the area? Thought on this one?

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Big investors buy fewer homes but see bigger gains

Some credit them with saving the housing market. Others blame them for taking advantage of a crisis
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I think this deck and sauna are positioned for you to take full advantage of that view. Wouldn't you love to relax here at the end of your very hectic day?

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Why not dream a little. Imagine you are flying home in your own private helicopter and are about to land in this beautiful estate you call home. How does that feel?

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Be honest, how many of you can see yourself taking a nice warm bath overlooking the Pacific Ocean? It does make for one heck of a Master Bath doesn't it?

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Historic Santa Ana building sells for $5 million

Historic Santa Ana building sells for $5 million
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Wouldn't this make the perfect 4th of July home for backyard barbecues, creating memories and enjoying your friends and family? Happy 4th of July to you and yours.

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Leather, glass and a first class view can make for one heck of an exciting Saturday evening. It doesn't get any better than this. Imagine the sunsets you get to view. Love it?

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More and more home seem to offer less and less privacy. This is a lot of glass and several stories or call and glass. Would you be comfortable in this style home?

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Okay, I couldn't resist. Check this beauty out. All that is missing is a huge Yacht moored in the front and of course, you! Love it or too much for you?

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As long as we are looking to some smaller elegant homes lately, check this one out. What do you think? Thumbs up or down? Why?

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Okay, now we are looking at a home that is a little more down to earth. Clean, beautiful and just right for those of us that cannot afford a 50 Million Dollar estate. Where do you stand on this home?

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Your home does not have to be massive to be inviting and make a statement. What do you really think of this home?

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Do you love the look of this elegant start white glass home or does it not offer you the privacy you want in your home?

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I don't know about you but I like something like this that looks so cool at night and provides you with a home to entertain in. What type of home do you like best?

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Imagine driving up this place every night and calling it home. Like it? What changes would you make, if any?

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When you need a hideaway that is so huge it is difficult to hide consider this little estate. Will this work for you?

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Yes, it may be just a bit over-the-top but if you like French ornate this home has to be the perfect choice. What do you think? Too much? Just right?

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They say the entry makes the estate. Does this pass the test?

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Time to look at one heck of a beautiful kitchen. What would you do to this kitchen if anything?

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Not only is this a beautiful home but notice the slight circular design of the roof line. Look for more of this in the near future. Like it?

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A really cool use of brick and glass. Do you like it?

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Slowly, white houses are giving way to a little more color. Thoughts on white vs. using color for your home's color?

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Okay, what do you think of this style of home? What does it remind you of?

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I totally love this look of mature landscaping and vines growing up your exterior walls, don't you?

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If you really want to show off your magnificent home then you must take evening photos with every light on. It makes quite a presentation doesn't it?

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When you have a BIG family and lots and lots of money then this home may be just right for you. Too much? Just right?

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When you have a BIG family and lots and lots of money then this home may be just right for you. Too much? Just right?

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When you have a BIG family and lots and lots of money then this home may be just right for you. Too much? Just right?

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Every once in a while I like to give you a more traditional home to look at. Don't you just love the look of this two-story traditional style home?

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You don't have to have a swimming pool to create a backyard oasis like this one. Would you be okay with this backyard?

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Another look at a dramatic walk-in closet which is certainly much more than that. How much space is too much for your ideal walk-n closet?

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Take the “GUESS MY HOME VALUE” Challenge and Win Big!

Take the “GUESS MY HOME VALUE” Challenge and Win Big! If you guess your home’s value and are within $25,000 of the Current Estimate of Value You Will Win a Gift Certificate Valued at $1000, Instantly. Take the Challenge. Click on Photo and See if You Win!
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US pending home sales hit best pace in over nine years

US pending home sales rose for the fifth straight month in May, hitting the strongest annual pace in over nine years amid solid nationwide gains, an industry group said Monday.
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