Homeownership: A Few Stats and Quotes

“About two-thirds (65%) of homeowners say they are confident they would get the asking price for their home if they were to put it on the market today (up from 40% in 2010).”
“Eighty nine percent of Americans feel that buying a home is an important part of achieving the American Dream.”
“Sixty eight percent of Americans feel that now is a good time to buy a home.”
“A two-thirds majority of renter households said that owning a home someday is a specific goal that they are determined to reach, or something that they think about a lot."
“Homes have accounted for 23.5% of American’s wealth on average since 1959. That’s nearly double the proportion U.S. households and nonprofits have invested in stocks.”
“A measure of owners' equity as a share of the value of real-estate holdings hit 53.6% in the second quarter, up from 53.2% in the first quarter and below 50% a year earlier. For most Americans, a home is their biggest asset, so the growing level of home equity suggests improvements in the economy are now reaching more Americans.”
Thinking about a home purchase or sale? Give us a call, text or email. We would be delighted to assist you!
-Steve and Sandra

Steve Hill and Sandra Brenner

SEATTLE-NORTHWEST

Windermere Real Estate

206-769-9577

stevehill@windermere.com


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Posted on October 2, 2014 at 10:00 pm
Steve Hill and Sandra Brenner | Category: Seattle WA Real Estate | Tagged , , , , , , , , , ,

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