A vast majority of Americans believe that buying a home is a solid financial decision

According to a new study by the National Association of Realtors shows that most Americans believe that buying a home is a solid financial decision, and most believe they could sell their home for at least its initial purchase price.owning a home

The survey, which measures consumers’ attitudes and concerns about housing issues, found that building equity; wanting a stable and safe environment; and having the freedom to choose their neighborhood remain the top three reasons to own a home.

Some key findings from the year’s survey include:

  • More than eight in 10 Americans believe that purchasing a home is a good financial decision, and 68 percent believe that now is a good time to buy a home.
  • Sixty-one percent of renters now say that eventually owning a home is one of their highest personal priorities, up 11 points from 2013.
  • Respondents expect to see continued improvement, as 89 percent expect real estate sales to increase or remain the same.
  • The number of renters who are now thinking about purchasing a home has increased

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