Home Ownership as the American Dream Isn't Dead Per New Pew Study

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The Pew Research Center, respected world-wide for its research efforts, has released a new study today regarding American real estate - particularly, whether or not the American Dream of owning one's home is still alive and kicking today, post ForeclosureGate and along with a downward-turned economy and other things.

Entitled, "Home Sweet Home. Still. Five Years After the Bubble Burst," you can download the full report here.

According to the Pew research:

• 8 out of 10 Americans still believe that the best investment someone can make in this country, long-term, is to buy a home.

• 86% of those participating in the Pew Study reportedly believe that it will take until at least 2014 for real estate values to return to pre-recession levels, and 10% of those questioned believe that's too optimistic, and that it will take a decade (till 2021) to get those values back to the fair market values that everyone saw back in 2006.

• Many Americans (23%) regret their prior real estate decisions: when asked by Pew researchers, they answered that they would not buy their current home again if they had the choice.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

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