Homeownership Still The American Dream, Fuels Economy

by Phoebe Chongchua

It’s billed as the American Dream and yet for some it’s been an all-time American nightmare.

Still “the home is central to American life” writes the National Association of Homebuilders in its report titled: Homeownership Works, released earlier this year.

Of course the report aims to show how housing is vital not just to homeowners but to the nation’s growth. The publication looks at the contributions that homeownership make to the economy specifically through residential construction, remodeling, rental housing, and various other related aspects of the industry. Read more

Baby Boomers Seek Smaller, Affordable Homes

Baby boomers who plan to move for retirement are looking for smaller, affordable homes that are easily accessible to medical care and near their family, finds a new poll of more than 1,000 adults born between 1946 and 1964 conducted by Associated Press-LifeGoesStrong.com.

Baby boomers who make more than $100,000 a year are the most likely to say they plan to buy a new home during retirement. For boomers who plan to purchase a new home, the most Read more