Home buyer report: Optimism reigns amid affordability challenges

Source: Elizabeth Renter, NerdWallet

The shortage of entry-level homes on the market, slow income growth and an uncertain political outlook: Any one of these things could turn people off from homeownership. But the American dream of buying a home remains alive and well and may be growing, according to a new survey by NerdWallet.

More than 4 in 5 (84%) Americans say buying a home is a priority to them, whether now or in the future, according to a new survey. This figure has climbed from 75% when NerdWallet first asked in its 2018 Home Buyer Report. More than 100 million Americans (44%) feel better about their ability to buy a home this year compared with last. 

 

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