Is Owning a Home Still the American Dream for Younger Buyers? | Best Physician Mortgage Loans: Up to 100% Financing
At Physician Loans USA , we don’t want you to feel overwhelmed; we don’t want you to feel like you are lost or alone in whatever you are confronting.
Today I would like to talk to you about Is Owning a Home Still the American Dream for Younger Buyers?
Everyone has their own idea of the American Dream, and it's different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below):
In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, or even getting a college degree. But is the dream of homeownership still alive for younger generations?
A recent survey by 1000watt dives into how the two generations many people believed would be the renter generations (Gen Z and millennials) feel about homeownership. Specifically, it asks if they want to buy a home in the future. The resounding answer is yes (see graph below):
While there are plenty of reasons why someone might prefer homeownership to renting, the same 1000watt survey shows, that for 63% of Gen Z and millennials, it’s that your place doesn’t feel like “home” unless you own it – maybe you feel the same way.
That emotional draw is further emphasized when you look at the reasons why Gen Z and millennials want to become homeowners. For all the financial benefits homeownership provides, in most cases it’s about the lifestyle or emotional benefits (see graph below):
What Does This Mean for You?
If you’re a part of Gen Z or are a millennial and you’re ready, willing, and able to buy a home, you’ll want a great real estate agent by your side. Their experience and expertise in the local housing market will help you overcome today’s high mortgage rates, low inventory, and rising home prices to find your first home and turn your dream into a reality.
Working with a local real estate agent to find your dream home is the key to unlocking the American Dream.
Bottom Line
Buying a home is a big, important decision that represents the heart of the American Dream. If you want to accomplish your goal, let’s connect to start the process today.
Physician Loans USA, Real Estate Solutions for Doctors, matches borrowers with potential lenders and agents in the field of mortgage lending, home buying and relocation service
PLEASE USE THE FORM BELOW AND WE’LL LET A PHYSICIAN LOANS USA SPECIALIST KNOW THAT YOU ARE LOOKING FOR MORE INFORMATION
THREE BEST PHYSICIAN MORTGAGE LOANS IN COLORADO
Regional Bank: Click here for Program Features and Loan Officer Contact Information
Available in the following states: AK, AZ, CA, CO, CT, DC, FL, GA, HI, ID, IL, IN, KY, ME, MD, MA, MI, MO, MT, NV, NH, NJ, NM, NY, NC, OH, OR, PA, RI, SC, TN, TX, UT, VT, VA, WA, WI, WY
Flagstar Bank: Click here for Program Features and Loan Officer Contact Information
Available in the following states: UT, ID, AZ, KY, VT, OH
Mercantile Bank: Click here for Program Features and Loan Officer Contact Information
Available in the following states: MI, IN, OH, KY
To connect with us directly,
Or via email: INFO@PHYSICIANLOANSUSA.COM
Visit us at www.physicianloansusa.com
Just call 216-616-4332 for more information
