Homeownership Is A Cornerstone Of The American Dream

Dated: 03/14/2019

Views: 163

Homeownership is a Cornerstone of the American Dream

Homeownership is a Cornerstone of the American Dream |MyKCM

“The rumors of my death are greatly exaggerated.”

The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years.

That led to speculation that homeownership was no longer seen as a major component of the American Dream. That belief became so widespread that the term “renters’ society” began to be used by some to define American consumers.

However, the latest report by the Census Bureau on homeownership shows that over the last two years, the percentage of homeowners has increased in each of the last eight quarters.

Homeownership is a Cornerstone of the American Dream |MyKCM

Going forward…

It appears the homeownership rate will continue to increase.

The 2019 Aspiring Home Buyers Profile recently released by the National Association of Realtors revealed that 84% of non-owners want to own a home in the future. That percentage increased from 73% earlier last year.

Bottom Line

In the United States, the concept of homeownership as part of the American Dream is very much alive and well.

Kate Smith, Real Estate Advisor & AuthorResidential and Commercial Real Estate Sales
Brosda & Bentley RealtorsCell: 786.412.8510 | kate.smithfl@gmail.com | http://www.homesforsalehollywoodfl.com
Books By Kate: http://www.KateSmithHollywoodRealtor.com | http://blog.katesmithhollywoodrealtor.com/ 

Everything I touch, turns to SOLD!

Blog author image

Kate Smith

Real Estate is my full time, life time career choice and my commitment is to give you full-time attention and to provide a superior level of informed, professional real estate services to buyers and s....

Latest Blog Posts

Happy New Year 2020

Happy New Year 2020!Happy New Year from Hollywood Realtor Kate Smith at Brosda and Bentley Realtors. Here's wishing you a very Happy New Year, filled with happiness, success and prosperity! May

Read More

Spectacular Townhouse For Sale 760 Meridian Miami Beach

Spectacular Townhouse For Sale 760 Meridian Miami BeachStunning South Beach Home 760 Meridian Ave 1&2 Miami Beach, FL 33139This magnificent South Beach residence at 760 Meridian Avenue, Miami

Read More

December 2019 Calendar Of Events In And Around Hollywood

What are the best events in and around Hollywood, from Miami to Fort Lauderdale? 💃🎸 Find out 👉 https://youtu.be/wBgDZvnMWTgDay or night, there's always something sunny going on in our

Read More

Black Friday In Real Estate

Black Friday in Real EstateWhat is Black Friday in Real Estate? Black Friday in Real Estate means big deals, REAL deals, saving you a lot more than Black Friday in the mall. Save hundreds of

Read More