The #1 Reason It Is Difficult to Find Your Dream HomeThe headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation
Most Americans Believe Buying A Home Is A Good Financial Decision
84% of Americans Believe Buying a Home is a Good Financial Decision
According to the National Association of RealtorsÂ®â€™ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 â€“ before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:
Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord
Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire
Homeownership is an investment opportunity that builds long-term wealth and increases net worth
Homeownership means a stable and predictable monthly mortgage payment
Homeownership allows for various deductions on federal, state, and local income taxes
The survey also revealed that the majority of Americans strongly agree that homeownership helps create safe, secure, and stable environments.
Homeownership has always been and still is a crucial part of the American Dream.
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Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a real estate brokerage in Oregon during the 1960s and 70s. Lance helps mainly vacation home investor....
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