Some Statistics from Harper’s Index
From the August 2008 edition of Harper’s.
- Chance that a US home is currently vacant: 1 in 35
- Rank of this among the highest recorded vacancy rates in US history:1
- Percentage change between 1989 and 2007 in the median price of a single-family home:+130
- Percentage change in the median down payment: +3.7
- Percentage of homeowners who reported last year that they bought a car using a home equity loan:27
Sources for this info:
1-2, US Census Bureau
3-4, National Association of Realtors
5, Synergistics Research Corporation, Atlanta