I was fascinated to read my associate Karl Case’s article on housing published in the New York Times a couple of weeks ago. In it he suggests that the “American dream” of home ownership, rather than being dead in the water, is actually alive although somewhat battered!
There is no question the economy and the housing market has slowed down over the last few years and the recent deluge of articles for and against homeownership is impossible for us to ignore. Ultimately, we believe that the American dream of homeownership is alive and well.