[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f37nwgax1fwgct":3,"$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},39062,"homeownership-is-still-at-the-heart-of-the-american-dream","Homeownership Is Still at the Heart of the American Dream","\u003Cp>Buying a home is a powerful decision, and it remains at the heart of the American Dream.\u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20240112\u002FHeader-Image-pg-18.png","\u003Cp>\u003Cspan style=\"color: black;\">Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. \u003C\u002Fspan>\u003Ca href=\"https:\u002F\u002Fwww.cnbc.com\u002F2023\u002F12\u002F15\u002Fheres-what-to-expect-in-2024-if-you-want-to-buy-a-home.html#:~:text=%E2%80%9CThe%20American%20Dream%20is%20still,in%20America%2C%E2%80%9D%20said%20Lautz.\" rel=\"noopener noreferrer\" target=\"_blank\">According\u003C\u002Fa>\u003Cspan style=\"color: black;\"> to Nicole Bachaud, Senior Economist at \u003C\u002Fspan>\u003Cem style=\"color: black;\">Zillow\u003C\u002Fem>\u003Cspan style=\"color: black;\">:\u003C\u002Fspan>\u003C\u002Fp>\u003Cblockquote>\u003Cem style=\"color: black;\">“\u003C\u002Fem>\u003Cstrong style=\"color: black;\">\u003Cem>The American Dream is still owning a home\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem style=\"color: black;\">. There’s a lot of pent-up demand for ownership; that isn’t going to go away.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003Cp>\u003Cspan style=\"color: black;\">Let’s explore just a few of the reasons why so many Americans continue to value homeownership. \u003C\u002Fspan>\u003C\u002Fp>\u003Ch4>\u003Cstrong>The Financial Benefits of Owning a Home\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>One possible reason homeownership is viewed so highly is because owning a home is a significant \u003Ca href=\"\u002F2023\u002F11\u002F07\u002Fhomeowner-net-worth-has-skyrocketed\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">wealth-building\u003C\u002Fa> tool. That may be why Jessica Lautz, Deputy Chief and VP of Research at the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), \u003Ca href=\"https:\u002F\u002Fwww.cnbc.com\u002F2023\u002F12\u002F15\u002Fheres-what-to-expect-in-2024-if-you-want-to-buy-a-home.html#:~:text=Indeed%2C%20%E2%80%9Chomeownership%20is%20the%20number,American%20dream%20of%20financial%20stability.\" rel=\"noopener noreferrer\" target=\"_blank\">says\u003C\u002Fa>:\u003C\u002Fp>\u003Cblockquote>\u003Cstrong>\u003Cem>“Homeownership is the number one way to build wealth in America.”\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fblockquote>\u003Cp>\u003Cspan style=\"color: black;\">Over time, owning a home not only helps boost your own \u003C\u002Fspan>\u003Ca href=\"\u002F2023\u002F10\u002F12\u002Fgrowing-your-net-worth-with-homeownership\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">net worth\u003C\u002Fa>\u003Cspan style=\"color: black;\">, but it also sets future generations up for success as you pass that wealth down. \u003C\u002Fspan>\u003Cem style=\"color: black;\">Habitat for Humanity\u003C\u002Fem>\u003Cspan style=\"color: black;\"> \u003C\u002Fspan>\u003Ca href=\"https:\u002F\u002Fwww.habitat.org\u002Fsites\u002Fdefault\u002Ffiles\u002FEvidence-Brief_Wealth-building-for-homeowners.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">explains\u003C\u002Fa>\u003Cspan style=\"color: black;\">: \u003C\u002Fspan>\u003C\u002Fp>\u003Cblockquote>\u003Cem>“Overall, homeownership promotes wealth building by acting as a forced savings mechanism and through home value appreciation. Homeowners make monthly payments that increase their equity in their homes by paying down the principal balance of their mortgage. . . . In addition, owning a home promotes intergenerational homeownership and wealth building. Children of homeowners transition to homeownership earlier — lengthening the period over which they can accumulate wealth . . .”\u003C\u002Fem>\u003C\u002Fblockquote>\u003Cp>It can also provide meaningful \u003Ca href=\"\u002F2023\u002F10\u002F25\u002Finvest-in-yourself-by-owning-a-home\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">financial stability\u003C\u002Fa> compared to renting. When you buy with a fixed-rate mortgage, you can lock in your monthly housing payments for the length of your home loan.\u003C\u002Fp>\u003Ch4>\u003Cstrong>The Non-Financial Benefits of Homeownership\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>But, owning a home offers more than just \u003Ca href=\"\u002F2023\u002F10\u002F06\u002Fhow-homeowner-net-worth-grows-with-time-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">financial benefits\u003C\u002Fa>—it benefits you socially and \u003Ca href=\"\u002F2023\u002F11\u002F23\u002Fwhy-homeowners-are-thankful-they-own\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">emotionally\u003C\u002Fa> too. Your \u003Ca href=\"\u002F2023\u002F12\u002F25\u002Fthese-non-financial-benefits-turn-a-house-into-a-happy-home\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">home\u003C\u002Fa> provides feelings of achievement, responsibility, and more. In a recent survey, \u003Cem>Fannie Mae\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.fanniemae.com\u002Fresearch-and-insights\u002Fperspectives\u002Fconsumers-homeownership-aspirations-remain-high-despite-higher-home-prices-and-interest-rates\" rel=\"noopener noreferrer\" target=\"_blank\">outlines\u003C\u002Fa> just a few of these more emotionally-driven benefits, including:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“The top three were having control over what you do with your living space (94%) to having a sense of privacy and security (91%) and having a good place for your family or to raise your children (90%) . . .”\u003C\u002Fem>\u003C\u002Fblockquote>\u003Ch4>\u003Cstrong>What Does That Mean for You?\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>If your idea of the \u003Ca href=\"\u002F2023\u002F11\u002F30\u002Fis-owning-a-home-still-the-american-dream-for-younger-buyers\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">American Dream\u003C\u002Fa> involves greater freedom, security, and prosperity, homeownership could be a key player in bringing that dream to life. And with \u003Ca href=\"\u002F2024\u002F01\u002F08\u002Fwhat-lower-mortgage-rates-mean-for-your-purchasing-power\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">mortgage rates\u003C\u002Fa> now on a downward trend, it might be a good time for you to consider making a move.\u003C\u002Fp>\u003Cp>If you’re ready and able to buy, know that there are incredible benefits waiting at the end of your journey. You'll gain more than just a home – it's a place to grow your wealth and call your very own. Like Ksenia Potapov, Economist at \u003Cem>First American\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Fbuilding-wealth-brick-by-brick\" rel=\"noopener noreferrer\" target=\"_blank\">says\u003C\u002Fa>:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“...homeownership remains an important driver of wealth accumulation and the largest source of total wealth among most households.”\u003C\u002Fem>\u003C\u002Fblockquote>","\u003Cp>Buying a home is a powerful decision and the cornerstone of the American Dream. If finding a place to call your own is part of your \u003Ca href=\"\u002F2024\u002F01\u002F05\u002Fachieving-your-homebuying-dreams-in-2024-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">dream\u003C\u002Fa> for this year, let’s connect to start the process today.\u003C\u002Fp>",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","2024-01-15T11:30:00Z","2024-01-15T11:30:49Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},38796,"home-prices-forecast-to-climb-over-the-next-5-years-infographic","Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20240111\u002F20240112-Home-Prices-Forecast-To-Climb-Over-The-Next-5-Years-KCM-Share.png","2024-01-12T11:30:00Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},38433,"why-you-may-want-to-seriously-consider-a-newly-built-home","Why You May Want To Seriously Consider a Newly Built Home","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20240109\u002F20240116-Why-You-May-Want-To-Seriously-Consider-a-Newly-Built-Home.png","2024-01-16T11:30:00Z",{"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"]