84% of Americans Believe Buying a Home is a Good Financial Decision

84% of Americans Believe Buying a Home is a Good Financial Decision

 
According to the National Association of Realtors®’ 2017 National Housing Pulse Survey84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:

  1. Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord

  2. Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire

  3. Homeownership is an investment opportunity that builds long-term wealth and increases net worth

  4. Homeownership means a stable and predictable monthly mortgage payment

  5. Homeownership allows for various deductions on federal, state, and local income taxes
The survey also revealed that the majority of Americans strongly agree that homeownership helps create safe, secure, and stable environments.
 

Bottom Line

Homeownership has always been and still is a crucial part of the American Dream. If you are relocating or looking to buy a home in Wilmington, NC, contact us today to make your dream become reality. (910) 367-9131.

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Experience expert representation for your real estate needs with Sherwood Strickland in Wilmington, NC. Whether you're considering relocation or seeking a coastal lifestyle, trust us to guide you through the diverse and thriving real estate market of Wilmington, where our focus is on making your dream home a reality.

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