1/3 of owner occupied housing is free and clear, NO MORTGAGES!

[David Krulac]

73.3 million housing units are owner occupied in the US.  Of these 46.4M have mortgages or debt (about 2/3) and 26.9M are free and clear.

Owners 65 year or older have 44% of the housing wealth while only owning 30% of the housing stock.

These stats provide interesting options for seeking houses with no debt.

The full report by the Urban Institute is at:

http://www.urban.org/research/publication/how-much-house-do-americans-really-own-measuring-americas-accessible-housing-wealth-geography-and-age/view/fullreport