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Homeownership is Back in America

  Broadcast in Politics

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A home is the ultimate evidence that here in America, hard work pays off, that responsibility is rewarded,You know, I think about my grandparents’ generation. When my grandfather served in World War II, he fought in Patton’s army, when he got back, this country gave him a chance to go to college on the G.I. Bill, but it also gave him the chance to buy his first home with a loan from the FHA (Federal Housing Administration). To him, and to generations of Americans before and since, a home was more than just a house. It was a source of pride and a source of security. It was a place to raise kids, to put down roots and a place where you could build up savings for college, or to start a business, or to retire with some security.”President Obama
about 13,000 new houses are expected to be built in metro Phoenix this year, analyst Greg Burger said.For people shopping for a new house, this likely means new-home prices will continue to rise faster than average. The average price of a new home has climbed 24 percent in the past year, according to RL Brown.Contractors say they face a shortage of workers.“Contractors are fighting for framers, painters, drywallers and plumbers,” said David Jones, executive director of the Arizona Construction Association.
President Obama
Arizona Construction
RL Brown Housing Reports
Amalgamated Transit Union Local 1433