This new study is interesting but not necessarily a surprise. Study provided by the National Association of Realtors, you can download the full article under “Reports for Buyers” on my document page by clicking the link.
Homeowners and renters have generally positive views about homeownership and the financial and non-financial benefits it provides to families and communities. A large share of renters aspire to homeownership, despite the financial obstacles of buying a home including accumulating a down payment and concerns about job security. The tax benefits of homeownership are valued by both homeowners and renters with large percentages noting that it is important to keep these benefits in place.
Homeowners and renters agree that owning a home is a positive choice. A majority of homeowners and a sizable percentage of renters agree or strongly agree that owning a home provides a healthy and stable environment for raising a family (87 percent among homeowners and 64 percent among renters), that it helps them meet long-term financial goals (77 percent among homeowners and 55 percent among renters) and it helps them realize the American Dream (70 percent among homeowners and 48 percent among renters).
Most homeowners (95 percent) and renters (72 percent) believe that over a period of several years, it makes more sense to own a home than to rent. More than 8 in 10 homeowners (82 percent) and half of renters (50 percent) would prefer to buy a home if they had to move in the next six months. Furthermore, 78 percent of homeowners consider now a good time to buy as do 58 percent of renters. (Read Full Article)
No comments:
Post a Comment