Even in this down market, the Fannie Mae national housing survey results show that 65% of Americans would prefer to own rather than rent. The survey also indicated that both buyers and renters are more cautious than they were in the past.
Where do these future homeowners want to buy? Well, 43% indicated safety as a major concern while 33% want to be in better school districts. They want to live in better neighborhoods where most of the homes are owned by residents. Three-quarters of renters (75 percent) believe that owning makes more sense than renting, because it protects them against rent increases and is a good investment over the long term.
According to the Fannie Mae survey results, 70% of the respondents believe that a home continues to be one of the safest investments available.
The lower interest rates, reduction in home values, large inventory of properties and first time home buyer tax credit has made home ownership much more attractive and feasible those renters desiring to purchase a home.
Now is a great time to purchase your American dream home. 
If you are interested in owing that piece of the American Dream here in the Valley of the Sun,
feel free to contact us at any time.