June is National Homeowner’s Month

Our homes are so much more than the place we inhabit. In recent years, they have also become our office, school, and safe space. Americans that call their homes their own has risen to its highest point in 8 years.

As National Homeownership Month kicks off this month, homeowners have reason to celebrate. A survey by Gallup ranked real estate as the best investment you can make for the eighth year in a row. But, the benefits of owning a home aren’t just financial. Here are some ways Americans are lucky if they can own a home:

1. Community: Owning a home is owning a part of your community. Homeowners are connected to their neighborhoods and are more apt to volunteer and get involved.
2. Pride: Owning a home means having a space that is yours alone. You can customize it to your personal preferences and have it reflect your personality and needs.
3. Safe Space: Owning a home gives you a sense of security and privacy; two things that have become more valuable in recent years.
4. Equity: Your equity grows with each payment you make. This form of savings can be used down the road to help you reach your biggest financial goals.
5. Appreciation: Experts project home values will continue to rise in years to come. Owning a home is an investment that steadily gains value.
6. Stability: Over the years, your mortgage will stay relatively steady, but rent costs continue to rise.

If you own your home, take time to celebrate the ways homeownership has added value to your life. If you hope to become a homeowner this year, connect with us. We’ll help you through the entire process toward achieving your goal.