With lower prices and interest rates it is reported that the percentage of Californians who can afford to purchase a home has increased. Take a look at the findings in this article.
http://www.latimes.com/business/realestate/la-fi-housing-affordability-20111111,0,6083426.story
As pointed out in this article, the American dream isn’t dead. The desire to own a home coupled with affordability are excellent reasons to purchase real estate.
http://agbeat.com/real-estate-news-events/top-reasons-cited-for-purchasing-real-estate-new-report/
Even with the difficulties many Americans are facing in today’s economy, I find it interesting that the desire for home ownership has increased.
72% of renters surveyed said owning a home is a “top priority for their future”- up about 9% compared to 2010. I would love to hear your thoughts on how you view home ownership!
Have your views changed over the past 2-3 years?
