25% of buyers cut spending on entertainment.
20% cut spending on clothes.
12% cancelled their vacation plans.
34% cut spending on luxury items or other nonessentials to purchase a home.
70% of American view owning a home as part of the American dream!
74% of homeowners feel that owning a home is the best long-term investment!
Typical House Purchased: 1,900 Sq.Feet, 3 bedroom/2 bathroom
Source Buffini & Company