93% Believe Homeownership Is Important in Attaining the American Dream

93% Believe Homeownership Is Important in Attaining the American Dream | MyKCM

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)

Bottom Line

Owning a home always has been, and always will be, a crucial part of attaining the American Dream.

Contact Gold Country Modern Real Estate, experienced Realtors in Amador County, for help purchasing or selling a home in Amador County, California.

Post a Comment

From Our Blog

Posts By Category

All Categories Amador County (18) Buying A Home (320) Custom Log Homes (1) Landscape/Curbside Appeal (1) Selling Your Home (94)

Posts By Month

Grab Our RSS Feed
Current Homes for Sale
Upcountry
City # Price Range
Pine Grove 19 $315k - $1.2m
Pioneer 55 $220k - $2.1m
Volcano 15 $290k - $1.1m
Down Country
City # Price Range
Amador City 4 $425k - $785k
Drytown 3 $480k - $2.1m
Fiddletown 12 $200k - $1.8m
Ione 30 $380k - $5.7m
Jackson 32 $260k - $1.2m
Plymouth 14 $450k - $4.5m
River Pines 4 $247k - $349k
Sutter Creek 22 $375k - $2.1m
New Listing

Email Alerts

Subscribe Today!
Have

Questions?

Contact Us Now!