Ignite FB Tracking PixelHomeownership in the U.S.: Your Facts of the Week! šŸ” - Nicole Strom

Homeownership in the U.S.: Your Facts of the Week! šŸ”

by Nicole Strom 12/16/2024

As 2025 quickly approaches, let’s take a moment to explore what homeownership looks like across the U.S. right now—and why Colorado Springs is leading the way as the #1 Housing Market for 2025! šŸŽ‰

A Snapshot of U.S. Homeownership

  • 136 million total households in the U.S.
  • 91 million homes are owned, giving us a robust 67% homeownership rate.
  • Of those owned homes, 56.5 million are mortgaged (62%), while an impressive 34.5 million are owned free and clear (38%).
  • 45 million homes are rented (33%), showing ongoing demand for housing at every level.

If you’re already a homeowner, here’s a big win:

  • The average equity per homeowner is $440,000! šŸ’ø
    That’s right—homeownership is one of the strongest financial positions you can have. Even if the economy hits turbulence, homeowners are better positioned thanks to their built-in equity.

Looking Ahead to 2025

The 2025 home appreciation forecast is bright, with home prices expected to grow by 3.78% (source: Pulsenomics’ Home Price Expectations Survey featuring insights from 150 top economists). This makes now the perfect time to explore buying a home or investing in your future.

And here’s some extra exciting news: Colorado Springs has been ranked the #1 Housing Market for 2025!

With its stunning natural surroundings, strong local economy, and unbeatable quality of life, Colorado Springs continues to be a top choice for homebuyers and families relocating.

Thinking About Relocating? Let Me Help!

Relocating can feel overwhelming, but it doesn’t have to be. If you’re considering a move to Colorado Springs, I’ve got you covered! Just reach out, and I’ll provide a relocation guide packed with resources to make your move easier and your decision to call Colorado Springs ā€œhomeā€ even simpler. Whether it’s tips on schools, neighborhoods, or the local lifestyle, I’m here to help you every step of the way.

šŸ“² Let’s plan your move and make 2025 the year you find your dream home in Colorado Springs!


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About the Author
Author

Nicole Strom

Nicole is a retired military spouse of over 25 years, as well as a full time Real Estate Professional serving her clients in and around Colorado Springs. 

You need a REALTORĀ® with vast experience and knowledge of our specific market. You need a REALTORĀ® that genuinely cares about you and puts your needs first. You need a REALTORĀ® you can trust. Nicole is that REALTORĀ®.