Is Homeownership Still the American Dream?

Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream. Your home is your stake in the community, a strong financial investment, and an achievement to be proud of.

A recent survey from Bankrate asked respondents to rank achievements as indicators of financial success, and the responses prove that owning a home is still important to so many Americans today, ranking above other significant milestones, including retirement, having a successful career, and earning a college degree.

That could be because owning a home is a significant wealth-building tool and provides meaningful financial stability. NAR explains, “Homeownership builds financial security. With 65.5% of Americans owning homes, the net worth of a typical homeowner is nearly 40 times the net worth of a non-owner.”

There are other ways your home acts as more than just a roof over your head, too. The Mortgage Reports highlights a few of the many benefits homeowners enjoy, including:

- Your equity (and wealth) grows through home price appreciation.

- Your housing costs are fixed – and that can help combat rising costs from inflation.

- You’ll have greater privacy and the opportunity to customize your living space.

Plus, homeowners tend to be more active in their community.

Buying a home is a powerful decision and a key part of the American Dream. And if homeownership is part of your personal dreams this year, DM me to start the process today.


#Sellyourhouse #moveuphome #dreamhome #realestategoals #fenton #holly #lakefenton #linden #realestate #homeownership #homebuying #sellersmarket #realestatetips #realestatelife #realestatenews #realestateagent #realestateexpert #realestateagency #realestateadvice #realestateblog #realestatemarket #realestateexperts #realestateagents #instarealestate #instarealtor #realestatetipsoftheday #realestatetipsandadvice #keepingcurrentmatters #priceappreciation #expertanswers #stayinformed #powerfuldecisions #housingmarket #househunting #makememove #homegoals #sellyourhouse #moveuphome #dreamhome #confidentdecisions