In honor of the recent July 4th holiday and celebrating America’s birthday, we’d like to talk about one of the more common goals held by a majority of Americans, homeownership. Homeownership is still one of the more coveted and attainable American dreams.
Owning a home is something that many people just expect at some point in their lives; it’s true there are people out there that are perfectly content in renting an apartment or townhome for the foreseeable future, but for those that may want a family, space to roam, a quality investment or just a place to call their own, homeownership is one of the most important goals for their future.
It seems as if homeownership will continue to be an American dream for the time being, too, thanks to the promising trend of a more stable housing market. Many people haven’t been deterred by the housing crisis experienced in previous years and still want to own a home rather than continue to rent, especially among younger generations. High foreclosure and short sale rates and decreased property values that were the norm a few years ago didn’t do much to hinder the opinion of many Americans. Despite a recently rocky housing and slowly recovering housing market many still cite homeownership as one of their major goals; the fact that the housing market has improved throughout the country supports this notion.
If you’re one of these people that has always wanted to experience the responsibility and pride in owning a home, you’re not alone. Many Americans have the same dream as you do, which is good for the housing market nationwide. Achieving this American dream is one of the most attainable goals for many people in the United States; hopefully you get to achieve your homeownership dreams in the very near future.