First National Bank Releases Data from 2019 ‘State of Homeownership’ Survey

First National Bank (www.fnbo.com) released the results of its 2019 State of Homeownership Survey, which examines Americans’ perceptions and preferences related to different aspects of homeownership. The survey found that 79% of Americans consider homeownership as part of the “American Dream.” In addition, 59% consider homeownership essential to raising a family and 71% view homeownership as a more of a financial investment than as a financial liability.

“The results of our national survey prove especially true here in Lincoln,” said Noelle Jacquot, senior manager, mortgage sales. “Being in Nebraska—in the heart of the country—homeownership remains a large part of the American Dream. Strong family values drive many in this market to want to raise their family in a home that is their own.”

Jacquot added that, while owning a home can be expensive, the rental market in Lincoln is high, as well. “There are a great number of families that can own a home for the same monthly payment they had while renting,” she said, “but now they have an investment rather than a liability.”

Among the survey’s additional findings:

• 94% of homeowners say they are happy they decided to become a homeowner.
• 79% of non-homeowners say they plan on one day owning a home.
• 53% of homeowners say owning and maintaining a home is more expensive than expected.

First National of Nebraska and its affiliates have more than $23 billion in assets and 5,000 employee associates. To learn more, visit www.fnbo.com.