93% Believe Homeownership Is Important in Attaining the American Dream

93% Believe Homeownership Is Important in Attaining the American Dream | Simplifying The Market

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.

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1,869 SqFt
Status Active
MLS # 6625476
Property Type Single Family Residence
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Welcome to your future haven! Embrace comfort in this well-maintained home featuring 3 bedrooms, 2 baths. Located within easy walking distance of shopping, banks, and parks, and just minutes away from the Loop 303, Costco, esteemed schools, Surprise Stadium, and fitness facilities, you'll relish the unmatched convenience of this address. With lower HOA fees and a low-maintenance front yard, this property offers a canvas for your backyard oasis. Adding value, the home comes equipped with a solar system to alleviate summer energy costs. Don't miss out on this incredible opportunity - set up your visit today before this gem is no longer available!

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$450,000
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**5.37 ACRES** GREAT OPPORTUNITY TO OWN A FULLY REMODELED RANCH-STYLE HOME. THE PROPERTY SPANS A GENEROUS 5.37 ACRES, ALLOWING POTENTIAL BUYERS THE OPPORTUNITY TO SUBDIVIDE THE LAND AND DEVELOP THREE ADDITIONAL HOMES, OFFERING A UNIQUE INCOME OPPORTUNITY. THE PROPERTY ALSO FEATURES A SHED AND A SHIPPING CONTAINER, PERFECT FOR STORAGE OR ANY CREATIVE PROJECTS YOU MAY HAVE. HOME HAS MODERN UPGRADES, EXPANSIVE OUTDOOR SPACE, AND POTENTIAL FOR ADDITIONAL DEVELOPMENT, THIS REMODELED HOME PRESENTS A RARE OPPORTUNITY FOR BUYERS SEEKING BOTH TRANQUILITY AND VERSATILE INVESTMENT POTENTIAL. THE EXISTENT WELL CAN BE SHARED TO THREE ADDITIONAL PROPERTIES IF BUYER DECIDES TO SPLIT THE LOT AND BUILD ON THE ADDITIONAL PARCELS,TWO WATER LINES HAVE BEEN INSTALLED TO WHERE ADDITIONAL HOMES COULD BE BUILT T

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