“Approximately 75% of non-homeowners believe homeownership is part of their American Dream, while 9 in 10 current homeowners said the same.”
Looking at the number of non-owners, you may wonder, ‘If they believe in homeownership, why haven’t they bought a home yet?’. Well, increasing home prices and low inventory can be part of the reason why some haven’t jumped in, but that does not mean there is a lack of interest. The same report shows the increase in the desire to buy in the last year (as shown in the graph below):
As we can see, there are more and more people each quarter who want to buy a home. The good news is, as more inventory comes to the market, more non-homeowners will be able to fulfill their dreams. Finally, they’ll be able to move into that home they drew when they were little kids!
Bottom Line
If you’re a homeowner considering selling, this fall might be the right time, as there are buyers in the market ready to buy. Call "Abby Stiller" you local real estate professional to find out how you can benefit from this pent-up housing demand.
Abby Stiller can be reached at 239-284-8637 - Tambien Habla Espanol
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