In the media today there is a lot of heated debate as to whether home ownership is still part of the American Dream. Real estate and mortgage professionals are quick to explain the benefits of home ownership, but overall fear and lack of confidence in the market have left potential home buyers wondering if buying a home is right for them. Over the past few years, home ownership has come under fire by economists and politicians. Foreclosures and short sales dominate the news reports, still. What is interesting is a recent poll by the National Association of Realtors (NAR) finding that 95% of homeowners and a surprising 72% of renters say that owning a home for a period of several years is a far better financial decision than renting. 77% of homeowners also mentioned that simply owning a home is the biggest contributor to their long term financial goals.
So, to help dispel the myths, take a look at why buying a home in Fort Collins is the American Dream: