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The American Dream is Alive and Well

March 10, 2011

In spite of all the news reports of a struggling real estate industry, the results of the latest American Dream Survey conducted by Trulia.com (one of the top websites for home buyers and sellers) show some very promising trends. According to 70% of the U.S. adults polled, homeownership is still a very important part of their own personal American Dream, and 78% of homeowners feel that their homes are the best investment they ever made. The poll also shows that today’s millennial generation will drive a much needed housing revival with 88% of 18-34 year olds saying, now that homes are more affordable, they plan to buy a home as a long term investment. Home buyers and sellers are on the move again. The activity on real estate websites like Trulia.com increased 60% this year, with as much as 100,000 property views occurring every minute. Even though real estate took a big hit recently, the dream of homeownership is still very much alive and flourishing.

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