Owning a Home is Still a Big Deal

Over 70% of Americans say they would give up something to save for a down payment, including dining out, going to events and vacations.

For most Americans, owning a home is perceived to be a sign that someone is a “successful adult,” on par with having a career. In fact, home ownership is much more widely equated with being a successful adult (over double) than having children or getting married.

In Houston, 72% of respondents equate home ownership with being a successful adult.

Americans equate home ownership to positive attributes, such as an investment, security, family and success.-

Over seven in 10 Americans say they would give up something to save for a down payment, including dining out, going to events and vacations.

Nearly half of Americans who are saving to buy or renovate a home have done work outside of their primary job to supplement their income to pay for it, specifically selling items online, starting a small side business, dog sitting/walking and driving for a ride share company.

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