Benefits of Home Ownership
January 14, 2016 Posted by Matt
Benefits of Home Ownership
The National Association of Realtors (NAR) just released their first issue of the Housing Opportunities & Market Experience Survey (HOME). The report tracks topical real estate trends, including current renters and homeowners’ views and aspirations regarding home ownership, whether or not it’s a good time to buy or sell a home, and expectations and experiences in the mortgage market. In the report, NAR revealed what Americans believe to be the most appealing aspects of owning a home.
Benefits of owning your own home in order of importance:
- A place to raise a family
- Owning a place of your own
- A nest egg for retirement
- Financial security now
- Being part of a community
- Settling down
Here is a graph showing the results:
It is interesting to see that the two most appealing aspects had nothing to do with money, but instead, addressed the non-financial benefits of home ownership.
Are you considering purchasing a house or condo in Naples, FL? Or perhaps Bonita Springs? Let me be your guide.
About Matt Klinowski
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