Home ownership has been viewed at a lot differently since the collapse of 2008, when the housing market crashed. Rightfully so, as home ownership has a direct connection to how the economy is performing.
It is definitely harder to purchase a home these days than it was before 2008, when anyone could. Still, to put it bluntly:
“Home Ownership is Extremely Important.”
Yes, the quote above is mine. And yes, I can back it up. Even after 2008, when many Americans shied away from purchasing a home, reports showed that most Americans still thought owning a home was important.
According to a recent national survey that was released by the Woodrow Wilson International Center for Scholars, 62% of those surveyed rated the importance of owning a home as a “10″ on a scale of 1-10, with 10 being the most important.
Add to that staggering “10” number the fact that home ownership importance overall received a mean (average) score of 8.6, and you can see that those numbers are hard to argue with.
Finally, 91% of those surveyed stated that:
“Home ownership is part of the American Dream.”
Home ownership really does matter. It mattered before 2008, and it matters now. Just because it is a bit harder to purchase a home these days does not mean it still isn’t part of the American dream.
There is still ample opportunity out there to own a home, and plenty of ways to help you fund the dream. From loan programs to home credits, owning a home can still be a dream that you can make a reality.
Interest rates are very low, so now would be the time to pounce on the opportunity to own a home if you are able to do so. Home ownership is the future of America — so make your dream of owning a home a reality, and start the process.