Wilson Celebrates American Homeownership Month
June 8, 2005
69.1 % of American families Now Own Their Own Homes
Today, Congressman Joe Wilson (R-SC) made the following remarks on the floor of the U.S. House of Representatives: "Mr. Speaker, June is American Homeownership Month, recognizing the benefits of achieving the American Dream. As a former real estate attorney for 25 years, I know firsthand the joy of homeownership," said Wilson. "By purchasing a home, Americans are investing in their own futures, ensuring stability, and promoting long-term financial security for their families. House Republicans are providing important incentives to homeowners and are paving the way for more American families to own their own homes. Today, homeownership is near record levels, with 69.1 % of American families now owning their own homes. According to the National Association of Realtors, sales of existing U.S. homes climbed 4.5 % in April."Increased home sales are just another sign of continued economic growth in America. Last week, the Department of Labor also reported that the nation's unemployment fell to 5.1 % in May and that over 3.5 million jobs have been created since May 2003, when President Bush signed his tax reduction into law. "Republicans will remain dedicated to advancing a successful, positive agenda that will grow the economy, and provide more opportunities to American families. "In conclusion, God bless our troops and we will never forget September 11th. ###