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 “home” 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.Ā 

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®.Ā