{"id":15035,"date":"2019-03-07T16:36:04","date_gmt":"2019-03-07T16:36:04","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=15035"},"modified":"2019-03-07T16:36:05","modified_gmt":"2019-03-07T16:36:05","slug":"home-ownership-still-an-american-dream","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/home-ownership-still-an-american-dream\/","title":{"rendered":"Home ownership Still an American Dream"},"content":{"rendered":"

Home ownership Still an American Dream<\/h2>\n
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Home ownership Still an American Dream<\/p><\/div>\n

The majority of Americans\u201479 percent recently surveyed\u2014still believe that owning a home is a vital component of achieving the American dream, according to a Bankrate.com survey of more than 2,000 consumers. Americans placed achieving home ownership ahead of retirement (68 percent), having a successful career (63 percent), and owning an automobile (58 percent), according to the survey.<\/p>\n

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While the majority of respondents rated ownership high, they do see several challenges to overcome to achieve it. About half of the survey\u2019s respondents say they don\u2019t own a home because they can\u2019t afford it on their income. Four in 10 Americans say they don\u2019t own because they can\u2019t afford a down payment and closing costs, while one-third cite high home prices as the major obstacle.<\/p>\n

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But a rigid savings plan could put more consumers into home ownership. \u201cPut yourself on financial lock down for at least six months before purchasing a home,\u201d says Dana Scanlon, a real estate pro with Keller Williams Capital Properties in Bethesda, Md. \u201cDon\u2019t buy new furniture, keep your old car running, and check your spending habits.\u201d<\/p>\n

Luis Rosa, a financial planner in Henderson, Nev., suggests a two-year plan to save up for closing costs and a down payment and to boost credit scores.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\u201cNearly Two-Thirds of Millennial Homeowners Have Regrets About Their Purchase, Survey Finds<\/a>,\u201d Bankrate.com (Feb. 28, 2019)<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Home ownership Still an American Dream The majority of Americans\u201479 percent recently surveyed\u2014still believe that owning a home is a vital component of achieving the American dream, according to a Bankrate.com survey of more than 2,000 consumers. Americans placed achieving home ownership ahead of retirement (68 percent), having a successful career (63 percent), and owning … <\/p>\n

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