Chad Jampedro

At the kickoff of the spring home buying season, the U.S. homeownership rate has fallen to 63.8 percent, its lowest point since 1989. While market experts expressed nominal confidence for a return, there are a few rays of hope on the horizon.

Despite a drop in homeownership rates, the rate of total households – which includes both homeowners and renters – appears to be on the rise.

“I, for one, am pleased to be in a hiring mode once again and am faced with the 'problem' of adding staff to increase capacity. As our economy continues to temper itself, indicators suggest adding staff is prudent.