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Happy National Homeowners Month! This June let’s take a look at why now is the perfect time to buy a home! Owning a home is an important part of the American Dream and an important milestone in one’s life. Core American values such as individuality, responsibility and self-reliance are key factors in owning a home. There are many benefits to homeownership such as:
- Homeowners typically stay in their homes longer than renters, creating roots and community involvement.
- Owning a home is a wonderful environment to raise a family. Having a foundation and longevity in one place creates a bond between family and community.
- Homeownership improves neighborhoods. Owners are very likely to improve their home and curb appeal and more likely to be a part of local affairs.
- Owning your own home and paying monthly mortgage payments creates equity, teaches responsibility and how to manage money.
Homeownership makes sense from a financial view as well. Looking at a recent report from Pulsenomics, the percentage of income needed to afford median rent is around 30% while the percentage of income needed to afford a median home is only at 15%! Mortgage rates are the lowest they have been since 2007, talk to one of our Wisconsin Mortgage Corporation Loan Officers to see what you could qualify for!
The benefits of homeownership are great and can change your life for the better. Talk to one of our Shorewest, REALTORS® if you have questions or concerns. Our REALTORS® have been extensively trained and have the experience to help you on your journey to owning a home! #ShorewestRealtors #ShorewestTips #NationalHomeownersMonth
Tags: Homeowner, Mortgage, mortgage rates, National Homeowners Month, shorewest, shorewest family, Shorewest Realtors, shorewest tips, Wisconsin Mortgage Corporation
Categories: First Time Home Buyers, Home Buying, Homeowner, How to, Mortgage
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