With the economic challenges over the last 5 years, we thought it would be interesting to get an idea of how many American’s are thinking they’ll own a home in the coming years as part of their American Dream. Thus this infographic below about Home Sweet Home.
With the recession, major changes to mortgage laws, and other factors – many are left wondering – is the American dream of owning your home still possible?
According to a 2013 Gallup poll, more than the half of homeowners plan to continue to own a home for foreseeable future. In other words, 7 out of 10 Americans, aged 18-29, do not own a home but plan on buying within 10 years.
What is more, new standards for a „qualified mortgage” will make home buying easier for buyers.
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