November 16, 2024 3:50 pm
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Most potential homebuyers don’t understand mortgages, survey states

homebuyers

homebuyersBy Brena Swanson | HousingWire

Homeownership has been, and continues to be, part of the America dream. The problem is that no one truly understands how to get there.

Wells Fargo (WFC) and Ipsos Public’s second annual “How America Views Homeownership” survey echoes similar industry reports: American’s don’t understand housing.

Wells Fargo surveyed 2,016 adults living in the United States who were interviewed online.

According to the survey’s finding, 65% of respondents feel homeownership is a dream come true or an accomplishment to be proud of, and 72% think now is a good time to buy.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.