Fannie Mae Study Finds Americans Still Aspire to Homeownership

According to a study released by Fannie Mae, most Americans strongly desire to own homes and maintain homeownership, but a number of factors, including financial caution and shrinking households, continue to contribute to a willingness to rent.

“Despite Americans’ strong desire to own their homes, our study reveals that life events are greatly influencing families’ decision to rent,” said Doug Duncan, Fannie Mae VP and chief economist. “This trend, coupled with the housing crisis, has caused consumers to approach homeownership with greater caution and thoughtfulness.”

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