Most Americans Think Buying a Home is Still a Good Idea

According to the National Association of Realtors’ 2017 PULSE National Survey, 84 percent of the respondents believe that purchasing a home is a wise financial decision. Building equity remains the top reason for purchasing followed buy the desire to for home ownership, investment potential, the stability of mortgage payments and tax benefits.

Other common reasons supporting home ownership include creating safe and secure neighborhoods, the home as a stable environment to raise a family, as well as educational and health reasons.

While most Americans agree on the value of home ownership for well-being, a growing number are concerned about a lack of affordability and the shortage of available homes.

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