Mortgage
Countless people have set out on the exciting journey of homeownership. Ask around and you’ll find the vast majority are thankful they took the leap and bought a home. But why? It’s because of the many emotional and lifestyle benefits that come with being a homeowner.
So, if you’re trying to decide if you want to rent or buy a home, here are just a few of the many benefits you could look forward to if you buy.
Owning a home goes beyond just having a roof over your head. It provides a sense of security and safety. In fact, in a survey from Fannie Mae, respondents say “having a sense of privacy and security” is one of the top reasons homeownership is preferred to renting. And in a different Fannie Mae survey, “living in a place where you and your family feels safe” is another one of the top benefits of homeownership.
Your home is a place where you can truly relax and unwind. Knowing that you have a sanctuary to return to at the end of the day is a great source of comfort.
For many homeowners, their home is a reflection of who they are. The National Association of Realtors (NAR), says:
“The home is yours. You can decorate any way you want and choose the types of upgrades and new amenities that appeal to your lifestyle.”
From the color of the front door to the art hanging on the walls, every detail contributes to a unique expression of personal style. Put simply, owning a home gives you the freedom to make changes and improvements that resonate with your personality.
Stability is another cornerstone of homeownership. The longer you stay put, the more emotionally connected you are to your community. For example, if your neighborhood does cook-outs, block parties, or other events, you’ll feel more engaged and probably build meaningful relationships with those around you. As NAR states:
“Remaining in one neighborhood for several years allows you and your family time to build long-lasting relationships within the community.”
The sense of community where you can make life-long friends helps give you more stability and predictability than you’d have if you move each time a rental lease renews.
Not to mention, your home is where you’ll make many memories. It’s a backdrop for the stories of your life. Celebrating milestones, hosting gatherings, and building a treasure trove of special moments within the walls of your home is a heartwarming experience to be thankful for.
As you start thinking about buying a home, remember why so many people are glad they did. Homeownership isn’t just a financial decision. It’s about having a stable place where you can make lasting memories. If you're thinking of buying a home and want advice, let's chat.
Stay up to date on the latest real estate trends.
Mortgage
Mortgage rates will come down slightly. More homes will sell. And prices will rise more moderately.
Mortgage
If you're in the market for a million-dollar home, now is an excellent time to explore the thriving luxury market.
Mortgage
What does this mean for the housing market, and more importantly, for you as a potential homebuyer or seller?
Mortgage
While financial aspects are important, sometimes the personal motivations for moving are reason enough
Mortgage
Here’s some information that could help you make your decision.
Mortgage
The biggest missteps are pricing a house too high, skipping repairs, not being objective, and not being willing to negotiate.
New Listing
6 beds | 4 baths | 2,232 sq ft
Mortgage
For now, this is still seller’s market territory – it’s just not as frenzied of a seller’s market as it’s been over the past few years.
Mortgage
Mortgage Rates Are Projected To Come Down Slightly
You’ve got questions and we can’t wait to answer them.