$\"Is$ <\/p>\n

Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about \u2013 success, freedom, and a sense of prosperity \u2013 are universal. That\u2019s why, for many people, <\/strong>homeownership<\/strong><\/a> remains a key part of the <\/strong>American dream<\/strong><\/a>.<\/strong> Your home is your stake in the community, a strong financial investment, and an achievement to be proud of.<\/span><\/p>\n

A recent survey<\/a> from Bankrate<\/em> asked respondents to rank achievements as indicators of financial success, and the responses prove that owning a home is still important to so many Americans today (see graph below)<\/em>:<\/p>\n

$\"Is$ <\/a><\/p>\n

As the graph shows, homeownership ranks above other significant milestones, including retirement, having a successful career, and earning a college degree.<\/p>\n

That could be because owning a home is a significant wealth-building tool and provides meaningful financial stability. The National Association of Realtors <\/em>(NAR) explains<\/a>:<\/p>\n

\n
\u201cHomeownership builds financial security. <\/strong>With 65.5% of Americans owning homes, the net worth of a typical homeowner is nearly 40 times the net worth of a non-owner.\u201d<\/em><\/p>\n<\/blockquote>\n
There are other ways your home acts as more than just a roof over your head, too. The Mortgage Reports <\/em>highlights a few of the many benefits<\/a> homeowners enjoy, including:<\/p>\n
\n
Your equity<\/a> (and wealth) grows through home price appreciation<\/a>.<\/li>\n
Your housing costs are fixed \u2013 and that can help combat rising costs from inflation<\/a>.<\/li>\n
You\u2019ll have greater privacy and the opportunity to customize<\/a> your living space.<\/li>\n<\/ul>\n
Plus, homeowners tend to be more active in their community. Like NAR says<\/a>:<\/p>\n
\n
\u201cLiving in one place for a longer amount of time creates and [sic] obvious sense of community pride, which may lead to more investment in said community.\u201d<\/em><\/p>\n<\/blockquote>\n
What Does That Mean for You?<\/strong><\/h4>\nIf your definition of the American Dream involves greater freedom and prosperity, then homeownership<\/a> could play a major role in helping you achieve that dream. When you set out to buy, know there are incredible benefits waiting for you at the end of your journey. You\u2019ll have a place you can call your own, feel most comfortable, and grow your wealth<\/a>.<\/p>\n
First American<\/em> puts it best, saying<\/a>:<\/p>\n
\n
\u201cHomeownership remains central to the pursuit of the American Dream.<\/strong> It is a critical driver of economic mobility, delivering financial and social advantages. . . .\u201d<\/em><\/p>\n<\/blockquote>\n
Bottom Line<\/strong><\/h3>\n
Buying a home is a powerful decision and a key part of the American Dream. And if homeownership is part of your personal dreams this year, let\u2019s connect and start the process today.<\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"
Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about \u2013 success, freedom, and a sense of prosperity \u2013 are universal. That\u2019s why, for many people, homeownership remains a key part of the American dream. Your home is your stake in the […]<\/p>\n","protected":false},"author":1,"featured_media":3074,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-3073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2022\/07\/20220705-KCM-Share-549x300-1.jpg?fit=549%2C300&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-Nz","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/3073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=3073"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/3073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/3074"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=3073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=3073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=3073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}