Studies show that women rate home ownership higher than men.
Sixty-four percent of women say home ownership is essential in achieving the American Dream. Meanwhile, 52 percent of men say owning a home is a vital component of achieving the American Dream, according to a Home Buyer Poll conducted by TD Bank of more than 1,300 Americans.
The study found that women hold more aspirations for home ownership too. Sixty-six percent of female renters say they intend to own a home, compared to 57 percent of men.
What’s more, 92 percent of women rated home ownership as the primary achievement in feeling accomplished, followed by 84 percent who said stable career and 81 percent who said having a family and children are vital for the American Dream.
“As the home buying market continues to stabilize our survey tells us that Americans, and women in particular, are looking to buy homes,” says Michael Copley, executive vice president of retail lending at TD Bank.
Half of the female home owners surveyed said that they purchased their first home between the ages of 25 and 34.
Source: “Women Consider Family, Career and Owning a Home to be Vital Components of the American Dream,” RISMedia (Sept. 16, 2012)
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