“There are some things about owning a home that never change—like the personal benefits it can provide. “
No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours.
Over the last few years, we’ve fully embraced the meaning of our homes as we spent more time than ever in them. As a result, the emotional benefits our homes provide have become even more important to us.
As the most recent State of the American Homeowner from Unison puts it:
“. . . one thing has stayed the same: the home continues to be of the utmost importance and a place of security and comfort.”
The same study from Unison notes:
- 91% of homeowners say they feel secure, stable, or successful owning a home
- 64% of American homeowners say living through a pandemic has made their home more important to them than ever
It’s no surprise this study also reveals that homeowners now love their homes even more as our attachments to them have grown:
The National Association of Realtors (NAR) also explains:
“In addition to tangible financial benefits, homeownership brings substantial social benefits for [households], communities, and the country as a whole.”
In other words, not only does owning a home build your net worth over time, but it also gives you and your loved ones a place to thrive. And by living near people with shared experiences, homeownership helps you connect with your community and contribute meaningfully.
Bottom Line
Whether you’re thinking of buying your first home, moving up to your dream home, or downsizing to something that better fits your changing lifestyle, let me be the key to unlocking a home you can truly fall in love with.
To view original article, visit Keeping Current Matters.
Wondering Where You’ll Move if You Sell Your House Today?
A trusted real estate agent will help you think through the pros and cons of new and existing homes to help you make your best decision.
Housing Experts Say This Market Isn’t a Bubble
Lending standards are tighter due to lessons learned and new regulations enacted after the last crisis.
Expert Housing Market Forecasts for the Second Half of the Year
Housing supply is increasing, but there are still more buyers than there are homes for sale, maintaining the upward pressure on home prices.
The Drop in Mortgage Rates Brings Good News for Homebuyers
A decrease in mortgage rates means an increase in your purchasing power.
Is Homeownership Still the American Dream?
Your home is your stake in the community and a strong financial investment, something you can be proud of.
If You’re Selling Your House This Summer, Hiring a Pro Is Critical
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional.