Americans Still View Homeownership as the American Dream https://www.thebuckeyerealtyteam.com/property-search/results/?searchtype=3


Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide. A recent survey from Bankrate asked respondents which achievements they feel most embody the American Dream. The responses prove owning a home is still important to so many Americans today (see graph below): As the graph shows, homeownership ranks above other significant milestones, including retirement, having a successful career, and earning a college degree. A recent report from MYND helps shed light on why so many people value homeownership. It finds: “. . . nearly two-thirds of Americans (65%) see homeownership as a means of building intergenerational wealth.” That’s because, when you own a home, your equity (and net worth) grows over time as you pay down your home loan and as home prices appreciate. This can be a key factor in building intergenerational wealth and long-term financial stability. To further drive home the difference homeownership can make in your life, a report from Fannie Mae says: “Most consumers (87%) believe owning a home is important to ‘live the good life.’ . . . Notably, significantly more see ‘having less stress’ as a benefit achieved by owning than renting.” Especially today, this could be because, when you own a home with a fixed-rate mortgage, you stabilize what’s likely your largest monthly expense (your housing cost), and that helps combat the impact of rising costs from inflation. What Does This Mean for You? While it may feel challenging to buy a home today with higher mortgage rates and home prices, if the time is right for you, know that when you buy a home, incredible benefits are waiting for you at the end of your journey. Bottom Line Buying a home is a significant and powerful choice, embodying the foundation of the American Dream. If you plan to make your homeownership dream a reality this year, let’s connect to start the process. ❤️ Learn why more agents and brokers are making the switch to eXp Realty at: https://www.thebuckeyerealtyteam.com/why-join-exp-realty (Hint: Ownership Through Company Stock, Agent Healthcare Options, Revenue Share, Low Costly Overhead, Generous Commission Split are some of the reasons!😀) Christopher Lotte Realtor / Team Leader The Buckeye Advantage Team - eXp Realty 614-390-9243 #ChristopherLotte #TheBuckeyeAdvantageTeam #exprealty #columbusrealestate #columbusohio #realestate #realtor #realestateagent #property #listing #buy #sell #house #realestateexpert #professionalservice #toprealestateagent #househunting #homeforsale #dreamhome #whyjoinexp #areyounext #soldafew #centralohiorealtor #gobucks Serving Columbus Ohio and Surrounding Communities including Westerville, Grove City, Dublin, Delaware, Newark, Hilliard, Pickerington, Lancaster, Reynoldsburg, Powell, Canal Winchester, Blacklick, Marysville, Pataskala, Lewis Center, New Albany, Galloway, Plain City, Worthington, Upper Arlington, Gahanna, Groveport, Lithopolis, Carroll and Commercial Point. The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The Experts with Buckeye Home Living do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The Experts with Buckeye Home Living will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.