WASHINGTON – Oct. 15, 2010 – Nearly eight out of 10 respondents believe buying a home is a good financial decision,

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NAR: Nearly 8 in 10 Americans think buying a home makes good financial sense


WASHINGTON – Oct. 15, 2010 – Nearly eight out of 10 respondents believe buying a home is a good financial decision, despite ongoing challenges with the economy and housing market. That’s according to the 2010 National Housing Pulse Survey, an annual report released by the National Association of Realtors®.
The survey, which measures how affordable housing issues affect consumers, also found job security concerns to be the highest in eight years of sampling, with 70 percent of Americans saying that job layoffs and unemployment are a big problem in their area; eight in 10 cite these issues as a barrier to homeownership.
“The real issue facing the nation’s economy right now is that many Americans can’t find meaningful work to support their families,” said NAR President Vicki Cox Golder. “While a job recovery is what’s needed right now to get the economy and housing market back on the right track, owning a home continues to be part of the American Dream and one of the best long-term investments in your future.”
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=248883