84 Percent Of Americans Believe Buying A Home Is A Good Financial Decision

Dated: 07/20/2017

Views: 134

84% of Americans Believe Buying a Home is a Good Financial Decision

84% of Americans Believe Buying a Home is a Good Financial Decision | MyKCM

According to the National Association of Realtors®’ 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 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:

  1. Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord

  2. Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire

  3. Homeownership is an investment opportunity that builds long-term wealth and increases net worth

  4. Homeownership means a stable and predictable monthly mortgage payment

  5. 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.

You find that perfect home Here

Bottom Line

Homeownership has always been and still is a crucial part of the American Dream.

Latest Blog Posts

5 Reasons To Buy A Home In The Off Season

5 reasons to buy a home in the off seasonIt's cheaper, and sellers are serious BYMIKE PULLEY DEC 8 Key Takeaways Buying a home in the fall or winter can be a thrifty move for

Read More

The Real Reason Home Prices Are Increasing In Portland Oregon

The Real Reason Home Prices are IncreasingThere are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again

Read More

Low Inventory Causes Home Prices In Portland To Maintain Fast Growth

Low Inventory Causes Home Prices to Maintain Fast GrowthThe National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The

Read More

Now May Be The Time To Move Up To A Luxury Home

Moving-Up to a Luxury Home? Now’s the Time!Luxury Home in our Service Area. If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so!

Read More