Keyword: homeownership
Americans oppose elimination of mortgage interest deduction
American voters and homeownership By an overwhelming margin, a new study about homeownership and housing policies shows that American voters would oppose any efforts to weaken or eliminate the mortgage interest deduction or diminish a federal role to help qualified home buyers to obtain affordable mortgages. The National Association of Home Builders conducted a survey through the Republican and Democratic ...
Trulia says America’s dream of homeownership is not dead, but changed
How has the dream of homeownership changed? As threats of a second recession loom, housing remains a critical wound to the economy and political rhetoric heats up leading up to an election year, real estate practitioners are feeling the heat. Do Americans even care about owning a home any more? According to a Trulia.com study, 70 percent still say that ...
Inspector misses 60,000 bees, honey now oozing from walls & foundation
New homeowner’s nightmare Colorado homeowner, Debbie Hill recently noted a leak coming from her foundation. When purchased, the home had sat vacant for an extended period of time and the inspection didn’t reveal any issues with the foundation. She called a repairman and together, they realized the leak was not water, but honey leaking from the foundation and in the ...
Conflicting studies on American sentiment about homeownership
Comparing studies side by side We recently reported that Pew poll results revealed news that 81% of Americans view homeownership as the best investment one could make. The only problem is that Fannie Mae also conducted a recent poll that revealed a far lower number. We decided to take a look at the data side by side to determine what ...
Has the American dream of homeownership been tainted by the economy?
The waning American dream? A recent Pew poll that phoned over 2,000 Americans last month revealed that Americans still have faith in real estate, with 80% of respondents indicating that they believe a home is the best long term investment a person can make. Not surprisingly, the older the respondent, the stronger their belief in the soundness of real estate ...
Consumers are doubting that owning a home is a good investment
Today, Fannie Mae released their National Housing Quarterly Survey which polls thousands of Americans about their attitudes toward homeownership and the real estate industry. The results reveal that consumers are doubting that homeownership as an investment is a good investment, changing the landscape of the American dream as a staggering number of people are opting to rent. The survey showed ...
Ownership of homes drops to lowest level in over ten years
According to the U.S. Census Bureau, homeownership fell in the second quarter of 2010 to 67%, its lowest level in over ten years. The level of homeownership dipped in the South and West and was lowest in the West with only 61% of all residents owning homes while the Midwest enjoyed the highest homeownership rate at 71%. While home sales ...
Will The American Dream of Home Ownership Survive?
Will the dream survive? Considering the unthinkable is not what most real estate people want to go any where near. The fact remains that this financial crisis has kicked home ownership as an investment squarely in the teeth. The concept of owning a home compared of where we were as a nation 5 years ago hs indeed changed. Once upon ...













