Last week, HomeGain, one of the first companies to provide free instant home valuations online, announced the results of its 2012 National Home Ownership Satisfaction Survey. Homeowners were asked whether they were satisfied with owning a home and whether price appreciation or depreciation was a factor. Over 1,400 home owners from across the nation were surveyed. The complete 2012 national results were published on this blog.
Last week we released the results of the California home ownership satisfaction, the Florida home ownership satisfaction, the Illinois home ownership satisfaction, and the Texas home ownership satisfaction surveys.
Today we are releasing the New York home ownership satisfaction survey results. Next week we will also announce the results from New York.
The complete New York results can be found below. Click on a question to jump to the results:
- Overall, are you satisfied with home ownership?
- When did you purchase your home?
- What was the value of your home when you purchased it?
- What type of home did you purchase?
- What is your age?
Commentary from home owners who indicated price appreciation was not the primary reason they are unsatisfied with home ownership:
“It’s paid for and I can do what I want with it.”
“The cost of renting is too high. I would enjoy not having to mow the lawn, shovel snow, and do constant maintenance, but the cost of renting a decent apartment is not worth it.”
“Control of my living environment.”
“I love my house and it suits me perfectly, and I can do what ever I want to it.”
“My husband and I have 3 dogs. It was difficult to find an apartment that allowed animals so owning a home is the best choice for us.”
“My place to do as I please.Every dollar I put in it is like a savings account.”
“I have lived in the same home for many years and feel that I belong to this community.”
“The main reason is that I don’t have to pay rent and be subjected to a landlord.”
“Nice to not have to worry about making rent payments and dealing with landlords.”
“Because I’d rather put money into owning a home than renting a place from someone else.”
“It’s something you can own instead of paying a landlord money where you’ll never see a return.”
Commentary from home owners who indicated price depreciation was not the primary reason they are unsatisfied with home ownership:
“Poor construction quality.”
“Taxes and maintenance.”