Buying a Home in 2014 - Home Ownership is Still a Good Investment
Some recent quotes and statistics about home ownership -
2014 American Express Spending & Saving Tracker
“About two-thirds (65%) of homeowners say they are confident they would get the asking price for their home if they were to put it on the market today (up from 40% in 2010).”
Financial Security Index Survey
“Eighty nine percent of Americans feel that buying a home is an important part of achieving the American Dream.”
“How America Views Homeownership” Survey
“Sixty eight percent of Americans feel that now is a good time to buy a home.”
Housing Confidence Index
“A two-thirds majority of renter households said that owning a home someday is a specific goal that they are determined to reach, or something that they think about a lot."
Fannie Mae
“Homes have accounted for 23.5% of American’s wealth on average since 1959. That’s nearly double the proportion U.S. households and nonprofits have invested in stocks.”
Wall Street Journal
“A measure of owners' equity as a share of the value of real-estate holdings hit 53.6% in the second quarter, up from 53.2% in the first quarter and below 50% a year earlier. For most Americans, a home is their biggest asset, so the growing level of home equity suggests improvements in the economy are now reaching more Americans.”
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Jim Starwalt
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Download the New Free RE/MAX Home Search App or text the word MOBILE to 224-677-2200.
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Jim Starwalt, Real Estate Broker
RE/MAX Center
Phone: 847-548-2625
Jim@StarHomeTeam.com
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Buying a Home in 2014 - Home Ownership is Still a Good Investment
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