84 Of Americans Believe Buying A Home Is A Good Financial Decision

Dated: 07/20/2017

Views: 193

Image title


According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:

  1. Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord

  2. Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire

  3. Homeownership is an investment opportunity that builds long-term wealth and increases net worth

  4. Homeownership means a stable and predictable monthly mortgage payment

  5. Homeownership allows for various deductions on federal, state, and local income taxes

The survey also revealed that the majority of Americans strongly agree that homeownership helps create safe, secure, and stable environments.

Bottom Line

Homeownership has always been and still is a crucial part of the American Dream.

Blog author image

David and Leslie Miller

South Walton became my home over 12 years ago when David and I married and chose to settle and raise our children in Point Washington. His family has deep root in the community and I feel lucky to li....

Latest Blog Posts

NOW IS THE TIME

 It’s 16% Cheaper to Buy Now than Late 2018Home prices are going up; mortgage rates are going down. A study by Black Knight found that the buyer savings from mortgage rate drops more than

Read More

Home Ownership Maintenance Tips

When you buy a home you realize its probably the biggest investment you will ever make in your lifetime. Whether its a first home, second home or investment property, they all require a certain

Read More

2020 CAA Valentine Tour Of Homes Is Coming Soon

Come join us for the 2020 Valentine Tour of Homes benefiting the Cultural Arts Alliance of Walton County on Saturday, February 15 and Sunday February 16.  Featuring amazing homes on Hogtown

Read More

Sweets For Your Sweets

Valentine's Day is right around the corner - don't forget to spoil your loved ones with something sweet! Check out these local options for some Valentine's Day treats.Sweet Henrietta'sTasty made-

Read More