Posts with tag american dream

You couldn't pay Mark Williams to own a home again. "Give me the money for it," he said. "I'm still not buying a house." It's not that he always felt this way. Williams (pictured at left) did profit handsomely from the housing market's boom years, selling a Sacramento home in 2005 for more than twice as much as he... Continue Reading »

By Sheryl Nance-Nash Here's more evidence that the foreclosure crisis has changed the way we think about homeownership's place in the American dream. Nearly half of those polled in a newly released survey said that owning a home today was a "nightmare." Nearly 70 percent of those surveyed by Home Value Insurance Company... Continue Reading »

WASHINGTON -- The American dream of homeownership has felt its biggest drop since the Great Depression, according to new 2010 census figures released Thursday. The analysis by the Census Bureau found the homeownership rate fell to 65.1 percent last year. While that level remains the second highest decennial rate,... Continue Reading »

Americans have been skittish about buying new houses since the collapse of the real estate bubble. But they remain committed to the idea of homeownership, even if it's unclear how or when demand will pick up and drive a market recovery. A recent survey published by the real-estate site Trulia shows that 70 percent of... Continue Reading »

Home ownership, long a central pillar of the American dream, seems increasingly unattainable for a growing numbers of households. Yet old views die hard, and nine out of 10 Americans still consider homeownership "an important part of the American dream," according to a June poll by The New York Times/CBS News. Indeed,... Continue Reading »