[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f19cp78zkjgngm":3,"$ffeh0925h8cuz":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},4379,"the-majority-of-americans-still-view-homeownership-as-the-american-dream","The Majority of Americans Still View Homeownership as the American Dream","Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the \u003Cem>2022 Consumer Insights Report \u003C\u002Fem>from \u003Ca href=\"https:\u002F\u002Fwww.mynd.co\u002Freal-estate-market-consumer-insight-report\">\u003Cem>Mynd\u003C\u002Fem>\u003C\u002Fa> found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue to value homeownership.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F11\u002F07102027\u002Fthe-majority-of-americans-still-view-homeownership-as-the-american-dream-KCM.jpg","Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the \u003Cem>2022 Consumer Insights Report \u003C\u002Fem>from \u003Ca href=\"https:\u002F\u002Fwww.mynd.co\u002Freal-estate-market-consumer-insight-report\">\u003Cem>Mynd\u003C\u002Fem>\u003C\u002Fa> found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue to value homeownership.\u003C!--more-->\r\n\u003Ch4>\u003Cstrong>The Financial Benefits of Owning a Home\u003C\u002Fstrong>\u003C\u002Fh4>\r\nOne possible reason homeownership is viewed so highly is because owning a home is a significant \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F04\u002Fhomeownership-wins-over-time-infographic\u002F\">wealth-building tool\u003C\u002Fa>, and it provides meaningful \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F19\u002Fshould-you-still-buy-a-home-with-the-latest-news-about-inflation\u002F\">financial stability\u003C\u002Fa> over renting by locking in your monthly housing payments for the length of your home loan. An article from \u003Ca href=\"https:\u002F\u002Fwww.forbes.com\u002Fsites\u002Fforbesfinancecouncil\u002F2022\u002F08\u002F03\u002Fthree-ways-homeownership-can-build-wealth\u002F?sh=196ed94423e5\">\u003Cem>Forbes\u003C\u002Fem>\u003C\u002Fa> explains:\r\n\u003Cblockquote>\u003Cem>“Understanding the potential benefits of homeownership helps individuals see the value of owning property instead of renting. . . . household wealth among homeowners is a whopping \u003Cstrong>1,469% higher on average compared to renters, excluding home equity, making the allure of homeownership even more enticing.”\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fblockquote>\r\nOver time, owning a home not only helps boost your own \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F09\u002F06\u002Fhow-owning-a-home-builds-your-net-worth\u002F\">net worth\u003C\u002Fa>, but it also sets future generations up for success as you pass that wealth down. That may be why the \u003Cem>Mynd\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.mynd.co\u002Freal-estate-market-consumer-insight-report\">report\u003C\u002Fa> also says:\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>Most Americans (78%) still associate homeownership with the ‘American dream.’\u003C\u002Fstrong> And nearly two-thirds of Americans (65%) see homeownership as a means of building intergenerational wealth.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>The Non-Financial Benefits of Homeownership\u003C\u002Fstrong>\u003C\u002Fh4>\r\nWhile the financial benefits of owning a home are important, becoming a homeowner impacts you on a social and emotional level, too. As Mark Fleming, Chief Economist for \u003Cem>First American,\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Fthe-reconomy-podcast-what-is-the-fed-signaling-on-interest-rates\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“. . . buying a home is not just a financial decision. \u003Cstrong>It's also a lifestyle decision.”\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fblockquote>\r\nYour home provides feelings of achievement, responsibility, and more. \u003Ca href=\"https:\u002F\u002F3by30.org\u002Fhomeownership-101\u002Fbenefits-of-homeownership\u002F\">\u003Cem>3by30\u003C\u002Fem>\u003C\u002Fa> highlights the top 10 benefits homeowners enjoy. A few non-financial advantages include:\r\n\u003Cul>\r\n \t\u003Cli>Providing you with more freedom and control over your living space\u003C\u002Fli>\r\n \t\u003Cli>Giving you a greater sense of pride\u003C\u002Fli>\r\n \t\u003Cli>Helps with community engagement\u003C\u002Fli>\r\n\u003C\u002Ful>\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 homeownership could play a major role in helping you \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F14\u002Ftips-for-first-time-homebuyers-infographic\u002F\">achieve that dream\u003C\u002Fa>. While it may feel challenging to buy a home today as \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F12\u002Ffour-things-that-help-determine-your-mortgage-rate\u002F\">mortgage rates\u003C\u002Fa> and \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F20\u002Fwhats-ahead-for-home-prices\u002F\">home prices\u003C\u002Fa> rise, if the time is right for you, know that there are \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F17\u002Fthe-emotional-and-non-financial-benefits-of-homeownership\u002F\">incredible benefits\u003C\u002Fa> waiting for you at the end of your journey. You’ll have a place you can \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F04\u002Fhomeownership-wins-over-time-infographic\u002F\">grow your wealth\u003C\u002Fa>, call your own, and feel most comfortable.\r\n\r\nLike the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR) \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2022-snapshot-of-race-and-home-buying-in-the-us-report-02-23-2022_0.pdf\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“. . . \u003Cstrong>research has consistently shown that homeownership is also associated with multiple economic and social benefits to individual homeowners\u003C\u002Fstrong>. Homeownership has always been an important way to build wealth.”\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 long-term dream for many Americans. And if homeownership is part of your dreams this year, let’s connect to start the process today.","\r\nBuying a home is a powerful decision and a key part of the long-term dream for many Americans. And if homeownership is part of your dreams this year, let’s connect to start the process today.",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up","2022-11-08T11:00:05Z","2023-02-03T15:33:42Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},4378,"key-factors-affecting-home-affordability-today","Key Factors Affecting Home Affordability Today","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F11\u002F04111715\u002Fkey-factors-affecting-home-affordability-today-KCM.jpg","2022-11-07T11:00:14Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},4381,"whats-ahead-for-mortgage-rates-and-home-prices","What’s Ahead for Mortgage Rates and Home Prices?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F11\u002F08144527\u002Fwhats-ahead-for-mortgage-rates-and-home-prices-KCM.jpg","2022-11-09T11:00:16Z",{"cover":43,"open":44,"shareSpread":45},"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",[47,51,52,56,60,64,68,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},6,"For Sellers","sellers",{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":65,"name":66,"slug":67},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":25,"name":26,"slug":27},{"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"]