Homeownership rates fall to 66% as downturn nears a bottom

USA TODAY:  The U.S. Census Bureau reported Tuesday that the nation’s homeownership rate fell to 66% in the fourth quarter, continuing a seven-year drop from a fourth-quarter peak of 69.2% in 2004.

At the same time, U.S. home prices fell 1.3% in November from October and were 3.7% below 2010 levels, the Standard & Poor’s/Case-Shiller home price index indicates…

.As of November, average U.S. home prices were back to mid-2003 levels, S&P says…  (more)