The National Association of Home Builders (NAHB) recently released the results of a national survey about attitudes towards home ownership. Here are some of the results:
An overwhelming 75 percent of the people who were polled said that owning a home is worth the risk of the fluctuations in the market, and 95 percent of the home owners said they are happy with their decision to own a home, said NAHB’s press release.
Almost three-quarters of those who do not currently own a home, 73 percent, said owning a home is one of their goals. And among younger voters who are most likely to be in the market for a home in the next few years, the percentages are even higher.
Other survey results include:
•Homeownership and a retirement savings program are considered by voters to be their best investments.
•80% of home owners would advise a close friend or family member just starting out to buy a home.
•Saving for a down payment and closing costs is the biggest barrier to home ownership.
•Americans believe that owning their own home is as important as being successful at their job or being able to pay for a family member’s education.
To view slides on the poll, please go to www.nahb.org/VoterPoll
This national survey of 2,000 likely 2012 voters was conducted May 3-9, 2011 by Public Opinion Strategies of Alexandria, Va., and Lake Research Partners of Washington, D.C. It has a margin of error of +2.19%.