To say that the Real Estate market in the past year has been like riding a roller coaster is an understatement. While some homeowners faced foreclosure, home buyers were able to take advantage of record low interest rates and the first time home buyer tax credit.
Regardless of the situation that Americans found themselves in, one thing remained constant – owning a home is still a highly valued aspiration for Americans. There are many personal and community-related benefits to home ownership, as discussed in this article, with findings from Bankrate.com and Fannie Mae.
What’s your take on this? If you don’t currently own, do you aspire to? What does home ownership mean to you?