Not even a housing-led recession can shake Americans’ faith in the blessings of homeownership.

Read the full February 19th article.

According to a Pew & Research Center Social & Demographic Trends survey shows that:

House prices may be falling, foreclosures rising and residential sales weak — yet the vast majority of homeowners say their home is a source of comfort (90%) in their life.

Despite the current national housing funk — or maybe as a refuge from it — owners in all the major demographic groups overwhelmingly say they view their home as a comfort. There are no differences by gender, race, age, income or education. Nor do people’s responses vary depending on whether or not they are married, have children or are employed. Owners who have never left their hometowns and those who have moved repeatedly are just as likely to say their homes are a comfort.

More than seven-in-ten (73%) [homeowners] say that this is a good time to buy a home.

Almost everyone agrees that it’s a good time to buy a house: men (70%) somewhat more than women (61%), and whites (69%) somewhat more than blacks (51%) or Hispanics (58%). Americans with higher levels of income and education are more likely to say it’s a buyer’s market in their area.

Submitted by: Dan Moriarty