My New Blog

Everything About Housing - Census Report Released

So what about that housing thing?  Well now you can find out.  Thus, no matter how trivial, important, or obscure the American Housing Survey covers it.  Like this, "I can't live without knowing, -" why a government researcher would inquire whether a home's toilet was inoperable for six hours or more in the last three months.  But I'm sure it's a must know factoid for someone.

If you must know all 642 pages of it, it is available in PDF format at http://www.census.gov/prod/2008pubs/h150-07.pdf .

I thought I would share some important items with you incase you're wondering. 

• - Of the approximately 128,000,000 reported housing units, 9,293,000 were in condo or coop developments and 8,705,000 were mobile or manufactured homes.
• - The median size of a housing unit is 1,769 square feet with owner occupied units running about 30 percent larger than rental units.
• - 24,885,000 or approximately 1/3 of owner-occupied homes are owned free and clear of mortgages.
• - 32,963,000 homes have a single mortgage while 11,741,000 carry two and there are three or more mortgages on 847,000 owner occupied homes.
• The median lot size occupied by single family houses is .35 acre.

If you would like to read the entire article, you can click here:  http://www.mortgagenewsdaily.com/10152008_housing_report.asp

If you have any question or would like to visit about the information or discuss what's going on in the Tulsa market please feel free to call me at 918-271-0062.

Brett Brough

Licensed Loan Planner