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

Written by Cheryl Walsh on July 20, 2017 at 6:30 am

84% of Americans Believe Buying a Home is a Good Financial Decision | Keeping Current Matters

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.

Bottom Line

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


Members: Sign in now to set up your Personalized Posts & start sharing today!

Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts.

Have You Set Up Personalized Posts Yet? | Keeping Current Matters

[Continue Reading...]


Posted in Real Estate | No Comments »

Recent Posts

3 Tips to Succeed in Today’s Real Estate Market

By Cheryl Walsh - July 19, 2017

In today’s highly competitive real estate market, where inventory levels are not keeping ...

No Comments »

Thinking of Selling? You Should Act NOW!

By Cheryl Walsh - July 18, 2017

If you thought about selling your house this year, now more than ever ...

No Comments »

3 Questions to Ask Before You Buy Your Dream Home

By Cheryl Walsh - July 17, 2017

If you are debating purchasing a home right now, you are probably getting ...

No Comments »

Home Buying Myths Slayed [INFOGRAPHIC]

By Cheryl Walsh - July 14, 2017

Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their ...

No Comments »

Connect With The Team

 (508) 695-3500
 E-mail Us
 126 Chestnut St.
North Attleboro, MA 02760