Milestone Germantown MD | 93% Believe Homeownership Is Important in Attaining the American Dream

 

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and what type of houses they are looking for. 

Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.  

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.  

Today I would like to talk to you about  93% Believe Homeownership Is Important in Attaining the American Dream

 

Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:

“Owning a home remains a core element of the American Dream.”

When asked “How important a part of the American dream is owning a home?”

 

* 18% of those surveyed said it was the most important part

* 53% of those surveyed said it was very important

* 22% of those surveyed said it was somewhat important

 

Homeownership and Financial Stability 

The survey also revealed that 81% of Americans believe that owning a home leads to a family being more financially stable. This feeling was reiterated by Zillow Senior Economist Aaron Terrazas who, in a recent press release, explained:

“After about a two-year slowdown, rent growth is starting to pick back up across the nation…Looking into 2018, rent is expected to continue gaining.

More widespread rent growth could mean home buying demands stay high, as renters who can afford it move away from the unpredictability of rising rents toward the relative stability of a monthly mortgage payment instead.” (emphasis added)

 

Bottom Line

Owning a home always has been, and always will be, a crucial part of attaining the American Dream.

 

Source.. KCM Fernando Herboso Blog

 

To protect your interests and assure that you make the best possible decisions, 

it's important that you have a knowledgeable agent on your side who is an expert in the local real estate market.

We are dedicated to keeping you on top of our local market. Rest assured that we will provide you with a well-informed, 

and the most updated strategic view for your home purchase in Germantown Maryland

To reach us, please call 301-246-0001

or send us an email  info@ReallyNiceHomes.com

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