Although many people have negative opinions about homeownership due to the decline of residential market over the past five years, the people to listen to and take advice from are homeowners themselves! There have been three major surveys done this year that can give you a better sense of how homeowners REALLY feel:
The National Housing Survey:
Conducted by Fannie Mae:
-96% of all homeowners said homeownership has been a positive experienc
-64% consider buying a home as a safe investment. Buy ing a home was considered safer than buying stocks by over three times the number of people (64% vs 17%)
Accoding to a survery conducted by Harris Interactive for the National Association of Realtors, it has been concluded that homeownership benefits people and strengthens our communities. Even in today’s economy, 95% of owners believe that over a period of several years, it makes more sense to own a home.
–Even those who have seen their home values plummet are still committed to the idea that buying a home is a solid, long-term investment. Among those who say their home has lost a lot of value, 80% agree that buying a home is the best long-term investment (36% strongly agree, 44% agree somewhat) according to a survey titled “Home Sweet Home. Still“.
Top Four Reasons to Buy: (According to The National Housing Survey
1. You have a stable location to raise a family and can choose a school district.
2. You have your own structure to make exactly the way you want it.
3. It allows more space.
4. There are no rules or restrictuions for decorating or remodeling.