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Americans Remain Upbeat About Homeownership

By
Real Estate Broker/Owner with Legacy real estate CA BRE#00886348

Even as many homeowners struggle to make mortgage payments and foreclosures weigh down the housing market, 70 percent of Americans still view homeownership as part of the American Dream, according to a recent Trulia survey. More than three out of four homeowners (78 percent) say their homes are the best investment they ever made. Only 20 percent say they feel trapped in their "underwater" homes, while 14 percent say they would walk away from their homes if they could.

The survey also finds that members of the Millenial generation have gained an appreciation of homeownership. More than one in four (26 percent) of this group say their views of homeownership have become more positive over the past six months, while 15 percent developed more negative views.

 

Great article from my CRS MemberConnect on-line newsletter