Why Home Ownership Matters

This flyer is from the National Association of Realtors and is something I truly believe in and wanted to share. Take a look below:

Why Home Ownership Matters:


*Home owners are happier and healthier and enjoy a greater feeling of control over their lives.
*Owning a home is one of the best ways to build long-term wealth. Historically, a homeowner’s net worth has ranged from 31 to 46 times that of a renter.
*Home owners are free to redecorate, renovate, and modify their homes as they wish.
*Most home owners enjoy stable housing costs—a fixed-rate mortgage payment might not change for 15 to 30 years while rent typically increases 3 % a year.
*Home owners can typically deduct mortgage interest and property taxes on their federal individual income tax return.

*People who own homes vote more, volunteer more and contribute more to their neighborhoods.
*Home owners do not move as frequently as renters, providing more neighborhood stability. In turn, this stability helps reduce crime and supports neighborhood upkeep.
*Children of home owners do better in school, stay in school longer, are more likely to participate in organized activities and spend less time in front of the television.

*67% of American households are owner-occupied. America is a nation of home owners.
*Home owners pay 80 to 90% of federal individual income taxes, contributing to
federal programs that benefit all Americans.
*Every home purchased pumps $60,000 into the economy for furniture, home improvements and related items.
*Housing accounts for more than 15% of the national Gross Domestic Product, a key driver of our national economy.

For these reasons and more, home ownership is the American Dream!

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