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The US census bureau does not answer this question directly... According to the 2005 census (http://www.census.gov/hhes/www/housing/ahs/ahs05/tab3-15.pdf), about 33% of owner-occupied homes are owned free and clear. However, this doesn't include the statistics for non-owner-occupied homes. In other words, the owner of the apartment building down the street may or may not have a mortgage on the building. I think it is a good bet that a lower percentage of these income properties are owned outright, which would lower the overall percentage of units that are owned free and clear. This type of census would also not take into account something like the foreclosure explosion because the US census figures only take into account OCCUPIED homes. An overwhelming majority of unoccupied homes are not owned free and clear.
Wiki User
∙ 16y ago
Wiki User
∙ 13y agoAccording to the article in the related link one-third of Americans own their property and are mortgage free. That figure varies by location. The figures from the latest census are not available but that statistic probably remains stable since those are the people who seem to manage their finances well and do not borrow on the equity they have in their homes.
Wiki User
∙ 11y ago65.5 % of Americans are homeowners in 2012. This is the lowest rate in fifty years. The Great Recession severally damaged the homeowners market, wiping away trillions of dollars in equity.
Wiki User
∙ 11y agoI estimate about one percent!
Wiki User
∙ 11y ago64%
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Slave owners created diffuculties for free African Americans because?
In the south there were no "free African Americans ". All African Americans in the southern states were slaves. Therefore, slaves owners didn't create problems for free African Americans because they never met a free slaves.
Why is Americans a place of contradictions?
When people are free to have opinions, they become opinionated which keeps them free.
How many free African Americans lived in the south?
9.00 Africans were free in that particular year
What motives led the African Americans to fight for Americans?
The British told them they would be free but didn't keep their word for it
What was the Revolutionary War final outcome?
americans were free after the war
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The residence of a minister of the Free Church of Scotland
What was the overall result of the free soil party participation in the elecion of 1848?
by receviving 10% of the vote it was clear its antislavery platform had captured americans attention
What was overall result of the free soil partys participation in the election of 1848?
by receiving 10 percent of the vote it was clear its anitslavery platform had captured Americans attention
Where can i find Free templates of prove of residence of a tenant?
Proof of residence for a tenant would be a copy of the lease, or landlord tenant agreement. Any type of written agreement will suffice as a proof of residence.
What is the cost of a residential parking permit in Allston MA?
It is free with proof of residence
If you are holder Dubai residence visa holder how many countries can be free to go?
with a visa of dubai resitent where can travel free
How do you watch Ugly Americans for free?
you can watch free episodes of ugly Americans at mypussy.com or youtube.com or luisishot.com:}
Slave owners created diffuculties for free African Americans because?
In the south there were no "free African Americans ". All African Americans in the southern states were slaves. Therefore, slaves owners didn't create problems for free African Americans because they never met a free slaves.
What purpose of the swivel to which the blimp is attached?
Because it has to be free and swivel clear of the ground
Can a judgment creditor force the sale of a home if it does not have a mortgage attached?
It depends on whether the judge determines that the house is "necessary" and if it is a significant financial resource. If you have a lot of equity and the house is a little "ostentatious", he/she may determine that it isn't really necessary and that you can get by with a much more modest house. But it will all depend on the determination of the judge. * Although it is possible in the majority of US states for a judgment creditor to file a lien against real property, perfect the lien and then request a forced sale, the action is rarely implemented by the judgment creditor. In most cases the state or federal homestead exemption will protect a primary residence from a forced sale. Please be advised that a homestead exemption is not always automatically covered by state law and the homeowner is required to file a declaration of homestead for a primary residence to be protected. Also, a few states (Texas is one) have established laws that directly forbid the forced sale of a primary residence by a judgment creditor.
What is Americans for a Society Free from Age Restrictions's motto?
The motto of Americans for a Society Free from Age Restrictions is 'Ability, not age'.
Name some oil free moisturizers?
neutrogena visibly clear oil free moisturizer laura mercier oil free moisturizer clean and clear pore perfecting oil free moisturizer
