Regardless of the bubble that burst years ago, the American dream of home ownership still stands firm as people set out to make it a reality. Lydia Saad for market research firm Gallup reports that six out of ten Americans today own a home, most of them believing in the promise of a worthwhile investment in the long run. With the resurgence of home ownership in full swing, a reliable Virginia mortgage broker may also experience a surge in mortgage applicants. More than 2,000 respondents, consisting of 1,406 homeowners and 496 renters, participated in Gallup's annual Economy and Finance Survey. Based on the results, 16 percent said they bought residential properties because of the promise of value appreciation after several years. Meanwhile, 12 percent cited equity and credit building as reasons for purchase; while another 12 percent perceived owning as more financially sensible than renting.
http://virginia.churchillmortgage.com/industry-news/more-americans-want-to-own-a-home-get-virginia-home-loans-survey-says/
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