In a recent post, Trulia examined whether homeownership was again being seen by adults in the U.S. as a “part of their personal American Dream.” Over the last five years:
- The percentage of U.S. adults who believe homeownership is part of their American Dream increased from 70% to 75%
- The percentage of 18-34 year-olds who believe homeownership is part of their American Dream increased from 65% to 80%
Here is a graph of the survey over the last five years:
As the housing industry recovers from the crisis of 2008-2010, Americans belief in homeownership as part of their own personal American Dream has also made a strong comeback. For more information, please contact The Olear Team today!