Benefits To Owning Your Home
Home is where the heart is and this year that has shown true more than ever. Of course owning a home has financial benefits—this past year, we have seen historically low mortgage rates and homeowners have gained an average of $56,700 in equity just in 2021—but, aside from the financial gain and investment, being a homeowner has benefits beyond just that. The sheer joy, pride, accomplishment, security and gratitude are huge variables in homeownership. Especially during this time of year, we are constantly thinking about all the things we are grateful for and being a homeowner is definitely near the top of the list.
Greatful For A Place To Call Home
The Christmas season has always been a time where people are extra aware of and grateful for the things that they have, but layer that with a pandemic and homeownership takes on a whole new meaning. We all went through a phase where we had to stay at home, so the gratitude for the roof over our heads spiked. Our homes became our offices, our schools, our gyms and remained our safe space. Home became more important than ever. Which is why it is no surprise that studies have shown that homeowners who feel emotionally attached to their homes that gone up 12% since before the pandemic from 58% to 70%.
Owning a home creates a sense of accomplishment, safety, comfort and several other non-financial benefits. In a world of uncertainty, homeownership can benefit your mental health and stability.
We are so excited for this Christmas season and what homes means to each member on our team and to the families we have helped in 2021! If you are wanting to know is homeownership is the right move for you in 2022, we would love to help you get started on that journey.