What’s the first thing that comes to mind when someone mentions the words “American Dream”? If you’re like most people, home ownership is one of the first things that comes to your mind because you have the desire to own a home just like your parents and grandparents did before you. If that is you, you are in the majority of Americans who still believe that home ownership is part of the American Dream.
The Best Time In Decades To Own A Home?
A recent study by mortgage industry leader Churchill Mortgage showed that over 80% of homeowners in the United States still believe that home ownership is a main part of the American Dream. Among non-homeowners who are trying to buy their first homes agree; almost 50% of first time home buyers confirmed that home ownership was important to them and they would encourage anyone who is planning on buying a home to purchase a home (especially now that interest rates are the lowest hat they have been in decades).
The Benefits Of Home Ownership
Besides just being a great financial investment that will enable anyone to do more financially over the course of their working life, home ownership has also been proven to be an excellent overall investment for families because, a home gives children a stable place to grow up, create memories and live healthy lives. Home ownership is also great for communities as well. It makes them stronger and more stable since the people who live there, and own homes, want to work together to create stable, crime free communities because it only helps to raise the value of their homes, increase development and encourage more businesses to establish ties there.
Home ownership Into 2013 And Beyond
Thanks to the economic recovery more people than ever before are considering selling their homes or buying a home for the first time and this is expected to continue well into 2013 and beyond. If you’ve been thinking about buying or selling an Orange County home, contact Fred Sed & Associates today at (949) 272-0125 or email us at email@example.com so we can help you find the Best OC Property for you.