How Homeownership Impacts You
Abstract
June is National Homeownership Month, and it's the perfect time to reflect on how impactful owning a home can truly be. The Emotional Benefits of Homeownership Because it's a place that's uniquely yours, owning a home can give you a sense of pride and happiness in several ways. Your Home Can Reflect Your Tastes and Personality Investopedia puts it like this: "One often-cited benefit of homeownership is the knowledge that you own your little corner of the world." That knowledge can lead to a powerful, emotional connection to the place where you live. So can the realization that your home will grow with you. That's because your home is also an investment. Not only will you have a predictable monthly housing expense that can benefit your budget in the short term, but you'll also gain equity as your home appreciates in value and you make your monthly mortgage payment. If National Homeownership Month has you dreaming about purchasing a home, contact a local real estate professional to begin the process today.