Home Ownership – Stats & Quotes
“About two-thirds (65%) of homeowners say they are confident they would get the asking price for their home if they were to put it on the market today (up from 40% in 2010).”
“Eighty nine percent of Americans feel that buying a home is an important part of achieving the American Dream.”
“Sixty eight percent of Americans feel that now is a good time to buy a home.”
“A two-thirds majority of renter households said that owning a home someday is a specific goal that they are determined to reach, or something that they think about a lot.”
“Homes have accounted for 23.5% of American’s wealth on average since 1959. That’s nearly double the proportion U.S. households and nonprofits have invested in stocks.”
“A measure of owners’ equity as a share of the value of real-estate holdings hit 53.6% in the second quarter, up from 53.2% in the first quarter and below 50% a year earlier. For most Americans, a home is their biggest asset, so the growing level of home equity suggests improvements in the economy are now reaching more Americans.”
This article originally posted by Keeping Current Matters. Read more articles like this at www.KCMblog.com.