American Dream of homeownership still very much alive

American-Dream-Alive-KCM

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:

American-Dream-KCM1

Bottom Line

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!

Leave a Reply

Your email address will not be published. Required fields are marked *