Thursday, May 3, 2012


I've borrowed John Burn's words for my Blog a number of times.   Here's why....

Just take a minute to let the statistics below sink in.

Let’s not forget the overwhelming positives:
•       22% of American households own their home free and clear of
any mortgage
•       34% of American households own their home and have equity in
•       34% of American households rent
That totals 90% of American households.

Of the 40.6 million who rent,
•       42% rent in a small apartment building
•       27% rent a single family home
•       20% rent in a large apartment building
•       6% rent a condo
•       5% rent a mobile home, boat, etc.

John Burns Real Estate Consulting
U.S. Building Market Intelligence
"Trusted Analysis for Executive Decisions"
May 3, 2012