On April 30, the U.S. Census Bureau reported that the percentage of Americans who own their homes was 65% in the first quarter of 2013, down from 65.4% a year earlier and the lowest level since 1995. According to a Bloomberg Businessweek article, the homeownership rate, which peaked at 69.2% in June 2004, is expected to continue to fall this year. As vacancy rates drop and credit conditions remain difficult, investors are buying single-family homes and renting them out to families unable to obtain a mortgage.
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Greenfield Advisors
Since 1976, we have been on the cutting edge of real estate and economic analysis. Our focus has been on complex real estate issues such as litigation, development, and preservation. From our headquarters in Seattle, Washington and our secondary office in Cartersville, Georgia, we serve clients all over the world. Historically, we have been best known for our expertise in contaminated property valuation. Following the financial crisis we made a name for ourselves by providing expert consulting services in residential mortgage-backed securities (RMBS) litigation, with a focus on residential property valuation. Today, we provide a wide range of real estate and economic consulting services, from property valuation using our lender-grade AVM, to capital raising for clients across the world.
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