Brokering the American Dream

Homeownership has long been a key feature of the American Dream. However, according to a recent Census Bureau report , the percentage of Americans who own their homes has fallen to 62.9 percent-the lowest it has been in more than 50 years . The homeownership rate peaked in June 2004 at 69.2 percent. For millions of Americans, owning a home remains out of reach. Tom Salomone, a real-estate agent in Coral Springs, Florida, has witnessed the changes in the market over the course of his 40-year career. I spoke with Salomone about what he's seen. The interview that follows has been lightly edited......(read more)

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