Since 2009, Trulia has tracked American attitudes towards homeownership in its biannual American Dream survey. What they found this time around is that despite the nightmarish housing market, 70% of Americans still view owning a home as part of their personal American Dream, and 78% of homeowners describe their home as the best investment they ever made. Moreover, they saw positive signals for recovery from Millennials (young adults aged 18-34), with 88% of them being aspiring home owners. There is also many great signs of a new wave of home buying. 70% of renters in the West (including Colorado) are planning to buy a home. And in the South, the number is even higher at 79%. The Midwest and Northeast weren't too far off, at 67% each.
These are definitely signs that Americans have not given up their hopes in the benefits of owning a home, and not paying someone else's mortgage for them.
