Highlights from 2016 Wells Fargo Survey
By Jeff Sorg, OnlineEd Blog
(June 9, 2016) – Homeownership is still part of the American dream, and people think now is a good time to buy, according to a recent Wells Frago Survey.
- 93% agree: Homeownership is an achievement to be proud of.
- 86% agree: Homeownership is a dream come true.
- 74% agree: Right now is a good time to buy a home.
Proportion of respondents who are considering buying a home in the next two years (answered“Definitely will,” “Probably will,” or “Maybe”):
- Millennials (Ages 18-34): 58%
- African Americans:
- 47%General population: 38%
“Definitely will” or “probably will” buy a home in the next two years:
- Millennials (Ages 18-34): 40%
- Hispanics: 33%
- African Americans: 30%
- General population: 22%
For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers, visit www.OnlineEd.com.
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