With the rise in the number of vacant dwellings came a decline in the homeownership rate, which peaked at 69.2 percent in June 2004 and tumbled to a 15-year low of 65.4 percent in the first quarter of 2012, according to the Census Bureau.
With the rise in the number of vacant dwellings came a decline in the homeownership rate, which peaked at 69.2 percent in June 2004 and tumbled to a 15-year low of 65.4 percent in the first quarter of 2012, according to the Census Bureau.
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