Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:
“Owning a home remains a core element of the American Dream.”
When asked “How important a part of the American dream is owning a home?”
- 18% of those surveyed said it was the most important part
- 53% of those surveyed said it was very important
- 22% of those surveyed said it was somewhat important
Homeownership and Financial Stability
The survey also revealed that 81% of Americans believe that owning a home leads to a family being more financially stable. This feeling was reiterated by Zillow Senior Economist Aaron Terrazas who, in a recent press release, explained:
“After about a two-year slowdown, rent growth is starting to pick back up across the nation…Looking into 2018, rent is expected to continue gaining.
More widespread rent growth could mean home buying demands stay high, as renters who can afford it move away from the unpredictability of rising rents toward the relative stability of a monthly mortgage payment instead.” (emphasis added)
Owning a home always has been, and always will be, a crucial part of attaining the American Dream.
Blog by: John McLain
Our Award Winning Marketing Systems and Innovative Consumer Programs Guarantee the Results you Expect and Deserve!
You Home Sold in 66 Days, Guaranteed, or I will Personally But It Myself! www.GuaranteedSaleNewJersey.com This is EXCLUSIVE to the McLain Realty Team and give you complete peace of mind, We eliminate the biggest Catch-22 in Real Estate!
When you buy a home through myself, or anyone on my team and are not 100% in love with it for ANY reason within 24 months after closing, I will personally buy it back or sell it for free! It is the Exclusive 2 Year Love It or Leave It Program! www.2YearLoveItorLeaveIt.com
McLain Realty Team – Broker 908-878-9356 email@example.com www.SearchAllNJhomes.com