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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

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