The Benefits Of Homeownership Go Beyond The Financial

Dated: 01/12/2018

Views: 30

Image title


Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

Homeownership is NOT just about the money. In fact, some of the major benefits are non-financial. Here are a few of those benefits as per the National Association of Realtors:

  • Consistent findings show that homeownership does make a significant positive impact on educational achievement.

  • Several researchers have found that homeowners tend to be more involved in their communities than renters.

  • Early studies of homeownership and health outcomes found that homeowners and children of homeowners are generally happier and healthier than non-owners, even after controlling for factors such as income and education levels that are also associated with positive health outcomes and positively correlated with homeownership.

Bottom Line

Homeownership means something more to people and their families than just the financial considerations.


Read this article & others here

Latest Blog Posts

Embracing Frugality

The book 7 Habits of Highly Effective People has sold over 15 million copies since it was first published in 1989, teaching people all over the world how to live happier, more successful,

Read More

Thinking Of Selling Your Home Why You Need A Pro In Your Corner

With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional.Real estate

Read More

Add Your Rental Payments To Your Credit Report

DO YOU RENT?Mortgage and installment loansThese LOANS are evaluated by calculating the amount of the original loan versus the remaining unpaid balance. Installment loans are typically car loans or

Read More

Just Listed Homes In Oakland County Michigan

Justed Listed Homes in Oakland County! Get a free weekly list of new homes.http://kendrapack.mi.exprealty.com/ask

Read More