[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f249lgvxfd04mo":3,"$ffeh0925h8cuz":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},4153,"is-homeownership-still-the-american-dream","Is Homeownership Still the American Dream?","Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. \u003Cstrong>That’s why, for many people, \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F02\u002Fhow-homeownership-impacts-you\u002F\">\u003Cstrong>homeownership\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong> remains a key part of the \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F27\u002Fthe-dream-of-homeownership-is-worth-the-effort\u002F\">\u003Cstrong>American dream\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong>.\u003C\u002Fstrong> Your home is your stake in the community, a strong financial investment, and an achievement to be proud of.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F01111033\u002F20220705-KCM-Share.jpg","Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. \u003Cstrong>That’s why, for many people, \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F02\u002Fhow-homeownership-impacts-you\u002F\">\u003Cstrong>homeownership\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong> remains a key part of the \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F27\u002Fthe-dream-of-homeownership-is-worth-the-effort\u002F\">\u003Cstrong>American dream\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong>.\u003C\u002Fstrong> Your home is your stake in the community, a strong financial investment, and an achievement to be proud of.\u003C!--more-->\r\n\r\nA recent \u003Ca href=\"https:\u002F\u002Fwww.bankrate.com\u002Fmortgages\u002Fhomeownership-remains-centerpiece-of-american-dream\u002F\">survey\u003C\u002Fa> from \u003Cem>Bankrate\u003C\u002Fem> asked respondents to rank achievements as indicators of financial success, and the responses prove that owning a home is still important to so many Americans today \u003Cem>(see graph below)\u003C\u002Fem>:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F01111035\u002F20220705-MEM-Eng-1.png\">\u003Cimg class=\"aligncenter wp-image-46769\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F01111035\u002F20220705-MEM-Eng-1.png\" alt=\"Is Homeownership Still the American Dream? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nAs the graph shows, homeownership ranks above other significant milestones, including retirement, having a successful career, and earning a college degree.\r\n\r\nThat could be because owning a home is a significant wealth-building tool and provides meaningful financial stability. The \u003Cem>National Association of Realtors \u003C\u002Fem>(NAR) \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fjune-is-national-homeownership-month\">explains\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>Homeownership builds financial security. \u003C\u002Fstrong>With 65.5% of Americans owning homes, the net worth of a typical homeowner is nearly 40 times the net worth of a non-owner.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThere are other ways your home acts as more than just a roof over your head, too. The \u003Cem>Mortgage Reports \u003C\u002Fem>highlights a few of the many \u003Ca href=\"https:\u002F\u002Fthemortgagereports.com\u002F91167\u002Fis-buying-a-house-a-waste-of-money-in-2022#benefits\">benefits\u003C\u002Fa> homeowners enjoy, including:\r\n\u003Cul>\r\n \t\u003Cli>Your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F21\u002Fthe-average-homeowner-gained-64k-in-equity-over-the-past-year\u002F\">equity\u003C\u002Fa> (and wealth) grows through \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F16\u002Fhome-price-deceleration-doesnt-mean-home-price-depreciation\u002F\">home price appreciation\u003C\u002Fa>.\u003C\u002Fli>\r\n \t\u003Cli>Your housing costs are fixed – and that can help combat rising costs from \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F23\u002Fhomeownership-is-a-great-hedge-against-the-impact-of-rising-inflation\u002F\">inflation\u003C\u002Fa>.\u003C\u002Fli>\r\n \t\u003Cli>You’ll have greater privacy and the opportunity to \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F18\u002Fhow-homeownership-can-bring-you-joy\u002F\">customize\u003C\u002Fa> your living space.\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nPlus, homeowners tend to be more active in their community. Like NAR \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fpromoting-home-ownership\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Living in one place for a longer amount of time creates and [sic] obvious sense of community pride, which may lead to more investment in said community.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>What Does That Mean for You?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nIf your definition of the American Dream involves greater freedom and prosperity, then \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F10\u002Fthe-top-reasons-to-own-your-home-infographic\u002F\">homeownership\u003C\u002Fa> could play a major role in helping you achieve that dream. When you set out to buy, know there are incredible benefits waiting for you at the end of your journey. You’ll have a place you can call your own, feel most comfortable, and \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F28\u002Fa-key-to-building-wealth-is-homeownership\u002F\">grow your wealth\u003C\u002Fa>.\r\n\r\n\u003Cem>First American\u003C\u002Fem> puts it best, \u003Ca href=\"https:\u002F\u002Fwww.firstam.com\u002Feconomics\u002Fhomeownership\u002F\">saying\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>Homeownership remains central to the pursuit of the American Dream.\u003C\u002Fstrong> It is a critical driver of economic mobility, delivering financial and social advantages. . . .”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nBuying a home is a powerful decision and a key part of the American Dream. And if homeownership is part of your personal dreams this year, let’s connect and start the process today.","\r\nBuying a home is a powerful decision and a key part of the American Dream. And if homeownership is part of your personal dreams this year, let’s connect and start the process today.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F01111035\u002F20220705-MEM-Eng-1.png",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers","2022-07-05T10:00:51Z","2023-02-03T15:34:08Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},4152,"happy-independence-day-2022","Happy Independence Day","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F30151419\u002F20220704-KCM-Share.png","2022-07-04T10:00:22Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},4155,"how-your-equity-can-grow-over-time","How Your Equity Can Grow over Time","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F05165548\u002F20220706-KCM-Share.jpg","2022-07-06T10:00:35Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[44,48,49,53,57,61,65,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":50,"name":51,"slug":52},6,"For Sellers","sellers",{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":67,"name":68,"slug":69},34,"Senior Market","senior-market",{"id":71,"name":72,"slug":73},35,"Mortgage Rates","mortgage-rates",{"id":75,"name":76,"slug":77},38,"Move-Up","move-up",{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]