Definition of «homeownership option»

The phrase "homeownership option" means the choice or opportunity to own a home rather than renting or living in someone else's property.

Sentences with «homeownership option»

  • The quality of mobile homes has greatly improved in recent years, making them more appealing for those seeking an affordable homeownership option. (waterstonemortgage.com)
  • The study says that manufactured housing is an especially important homeownership option in rural areas. (nar.realtor)
  • Additionally, 75 percent of current and 83 percent of prospective homeowners cited increased construction in urban centers, offering homeownership options close to places of employment, as a top factor. (rismedia.com)
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