Industry News Mortgage National Association of Realtors News Real Estate Trends Surveys

NAR: Homeownership still seen as essential part of American Dream

Photo by Michael Browning on Unsplash

The National Association of Realtors recently released their Aspiring Home Buyers Panel. The non-homeowners and current homeowners surveyed overwhelmingly considered homeownership to be an essential part of the American Dream, but most non-homeowners cited affordability as a main issue they face. 

Alcynna Lloyd | HousingWire

Although tightening affordability continues to be a deterrence to homeownership, data suggests Americans still strongly consider it to be a part of the American dream, according to the National Association of Realtors.

In fact, according to NAR’s Aspiring Home Buyers Profile, approximately 75% of non-homeowners and 90% of current homeowners said homeownership was essential to the American Dream.

NAR calculated the housing expectations and sentiments of non-homeowners by utilizing 2018 quarterly consumer insights from its Housing Opportunities and Market Experience survey.

To read the full story, click here: NAR: American dream of homeownership is still alive

Related posts

ORHP’s service cycle from request to completion

jlspr

Rising population, rents lead to emergency declaration in rural Oregon

jlspr

Oregon and Washington make list of top 10 states for inbound moves

jlspr