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St Louis Real Estate Search

Seventy-Five Percent of Americans Associate Owning a home with the American Dream

A survey conducted by Prudential Real Estate revealed that 75 percent of Americans associate owning a home with the “American Dream and 96 percent feel home ownership is important and 77 percent of the 25-34 year olds feel home ownership is VERY important.  The top reasons given for wanting to own a home include to control their living space, safety and for the investment aspect of it.  Interestingly, tax benefits, such as the mortgage interest deduction that REALTORS® have fought to preserve for years, finished a distant 6th on the list of reasons.

home-ownership-survey

Source: Prudential Real Estate

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