Chitownproperty

Despite the constant emphasis placed on home values in the media, a recent survery by Coldwell Banker found that only 5 percent of Americans view their homes primarily as investments. A vast majority, 67 percent, viewed their homes as just that, a place to live, and all things remaining the same, would not trade up to a new home if given the chance. The survey results seem to reflect a high level of attachment to homes, a contrast to the wheeling, dealing, and home equity raiding attitudes that press coverage of the last few years of the real estate market would have one believe. Read more for the survey’s results on why people choose to move, and what they really want when they do.