Inland Empire Home Ownership on the Rise

Inland Empire Home Ownership on the Rise

Riverside

The U.S. Census Bureau’s (Bureau) third quarter report released late last week held good news for the inland region. According to the Bureau, 64.7 percent of households in the Inland Empire owned their own homes. The results reflected an eight-year high in-home ownership continuing the trend of positive recovery from the Great Recession. The results placed the inland area 34th among the nation’s 75 largest cities considered in the evaluation. In contrast, with a homeownership rate of 47.4 percent, Orange County and Los Angeles ranked worst among the nation’s 75 largest cities reflecting a decline from a high of 48.8 percent homeownership attained in the third quarter 2017.

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