Bye, Bye To The American Dream? No Way!

59% of current renters aspire to own their FOR own homes RENT In the short-term, the road to homeownership is long and filled with many obstacles.... Among current renters who wish to buy a home at this time, these are the biggest hurdles that they face DANGER ZONE Saving enough for a down payment 51% Qualifying for a mortgage 36% Having a poor credit history 34% Unable to pay off existing debt 31% Not having a stable job 29% Declining home values 13% Other 12% Source: Based on the findings from Trulia's biannual American Dream survey, which was conducted by Harris Interactive on August 30 - September 1, 2011.