Home Ownership by Young Adults on the Rise The Detroit Free Press reports that with record-low interest rates and down payments that can be waived in today's real estate market, it's no surprise that homeownership is on the rise. According to the U.S. Census Bureau, the percentage of homeowners who are younger than 25 has jumped 69% -- from 14.9% in 1994 to 25.2% in 2004 -- as teens and people in their 20s choose to own rather than rent. Read FINDING FREEDOM AND MAKING MONEY: Young adults discover appeal of buying a home in the Freep Posted/updated Sep 19, 2005 by Andrew McFarlane (Absolute Michigan) click to Send This Story to a Friend! Main Michigan News Page Go Back One Page

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