Survey: Nearly three in four Americans want to own their home

Young families want to move into their own homes as wellHome ownership is a part of the American dream for almost three quarters of the respondents to a recent Trulia poll, the company announced recently.

The poll, conducted by Harris Interactive on Trulia's behalf, found that 70 percent of Americans felt that their personal concept of the American dream included owning their own house, and 78 percent of those who already own their dwellings say they are the best investments they've ever made.

Trulia says that one of the most significant findings of its study is the apparent centrality of Millennials to the upturn in the housing market, with almost nine out of 10 renters between the ages of 18 and 34 saying they were interested in owning their own homes.

Tara-Nicholle Nelson, Trulia's head of consumer education, said the trend was encouraging.

"Unjaded and largely untouched by the effects of the housing crash, this new generation of buyers will no doubt lead America from its current housing slump towards true recovery," she said.

Different areas will no doubt recover at varying speeds, experts point out, as Houston condos – for example – will be sold far differently than rural Texas ranch houses.


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