For the first time on record, more than 2/3 of households were homeowners. The homeownership rate reached 67.7 percent in 2000. Minority homeownership rates also reached new highs. By the end of 2000, there were almost 10 million more homeowners than there were in the beginning of 1993. In contrast, the homeownership rate fell from 65.6 percent in the first quarter of 1981 to 63.7 percent in the first quarter of 1993.