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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.