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Ownership Society Anyone?
Another strong session that’s getting help from industries and sectors not always in the headlines. We began the session with that huge cyber-attack in 150 countries affecting more than 200,000 users, and that’s helping parts of tech that have been floundering.
Then, there’s the homebuilders posting a strong session on continued confidence among homebuilder, and perhaps, a shift in the approach to buying versus renting. First quarter data compiled by the Census Bureau showed a staggering 854,000 first time homebuyers versus 365,000 first time renters. That’s more than a two to one margin, and the first time buyers outpaced renters since the third quarter of 2006.
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