Rise of the Renting Class???, Homes For Sale, Century 21 Long Beach, CA

“Rise of the Renting Class”

Homes For Sale, Century 21 Long Beach, CA


In speaking to homeowners and to potential homeowners it is very clear to say that there continues to be a concern about owning a home in these turbulent times. Many homeowners have walked away from their home for many reasons. Some are valid and many others just did not know what other solutions were available to them. They are now renting from a homeowner.



Not helping the situation out are all the articles with negative stories in major publications where the theme is about how consumers feel that home ownership has let them down… Of course were are going to see these articles during economic downturn times as we find ourselves in. But we have to put these situations into the proper perspective.



1. Were financial institutions guilty of predatory lending?



2. Were consumers buying homes that were truly out of their price range?



3. Equity loans being taken advantage of?



4. Reduction of hours or Job loss due to the recession?



There are many more factors and details that have led us on this road that seems like a downward spiral. But if we look at the BIG picture over a period of time we recognize that homeownership has and will continue to be a fundamental part of our “American Dream”.

There has been recent research that has proven that homeownership has provided for many a positive effect on self-esteem, civic participation, crime prevention and educational achievement. We cannot deny the damage to our nation because housing has taken such a sharp downturn. By educating ourselves about lending programs, home values, interest rates, housing programs, First Time Buyer, Neighborhood Stabilization Program, Short Sales, Foreclosure Prevention and Response Program we can create a new vision of the “American Dream” for our future as responsible, long term homeowners.



Owning a home has been a highlight in my life. It has given me the satisfaction of accomplishment, a place to invite friends/family and most of all the happiness to call it my home. If you have any questions regarding homeownership, loan programs, buying or selling your home please do not hesitate to call me Ricardo The Realtor. I am here to help.

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