June is National Homeowner Month and is an opportunity to celebrate the value that owning a home brings to families and communities. Being a homeowner means investing in your future and creating a space that fits your specific lifestyle.
What are some of the long-term specific benefits of owning your own home?
Most homeowners consider homeownership their single best long-term investment: According to Forbes magazine, “every payment you make increases your equity. Homeowners have a net worth that is more than 40 times greater than their renter counterparts, which reinforces the idea that owning a home is a smart financial move… Once the home is purchased you build equity through forced savings and now you are an investor.”
Homeownership builds a solid foundation for families: Habitat for Humanity says that “Academic research and surveys point to one inescapable conclusion: that owning one’s home enhances quality of life in a variety of specific, verifiable ways.”
Homeownership provides a sense of community: According to FreddieMac, “Homeownership plays a vital role in helping to build strong, stable communities. In addition to it bolstering your community's treasury through taxes, research shows the many social benefits it provides, including increased volunteerism, improved health, and less crime.”
American Legend Homes knows that purchasing and building a home is a significant event for every family. We want our buyers to know that we are focused on doing everything we can to allow them to enjoy being part of the process so that their memories of building the house are as positive as the ones they will make in their new home. And our sales associates will be with you every step of the way. Make an appointment to meet with one of them today. They will walk through the complete process with you, step by step.
If you are looking for some basic tips on home buying for first-time buyers, here is a great article! If you are already an American Legend homeowner, we are glad you are part of the American Legend family! Enjoy National Homeowner Month with the comfort of knowing you are in the best place – and the best home – possible!