How Homeownership Impacts You

  • Dennis Hartley
  • 06/20/22

June is National Homeownership Month, celebrating that place that is uniquely yours. There is a wonderful sense of emotional pride and happiness that significantly adds to the financial rewards of being a homeowner.

Your home reflects your tastes and personality. A residence of your own is both a symbol of your personally-styled corner of the world and where you can create a greater sense of ownership, pride, and connection with loved ones and community.

Homeownership enhances neighborhood and civic engagement. Putting down roots in a location inspires the desire to improve your surroundings, leading to more investment in the local community.

Choosing homeownership significantly improves your long-term financial position. You’ll enjoy a predictable monthly housing expense and equity gain as your home appreciates in value. The feeling of financial stability is a significant perk of being a homeowner.

Building net worth as a homeowner grows your wealth. Growing equity in your home offers long-term financial reward. Data shows that a homeowner’s net worth is nearly 40 times that of a renter.

Owning a home offers a path to financial freedom, and the kind of emotional happiness that cannot be measured in dollars and sense.

 

Photo by National Cancer Institute on Unsplash

Work With Dennis

With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.