Home Building Tips Home Buying Tips

Major Benefits to Being a Homeowner

There are major benefits to being a homeowner over a home renter!

The US is a nation of homeowners .

  • 67 % of American households are owner occupied.
  • Home is key to our economy, it accounts 15% of our Gross Domestic Product in general.
  • Every home purchased, $60,000 is pumped into the economy for furniture, home improvements and related items.

Homeownership has a significant, positive impact on:

  • net worth
  • educational achievement
  • civic participation
  • overall quality of life
  • Owning a home is one of the best ways to build long-term wealth. In the past 12 years, a typical homeowner’s net worth has been 31-46 times that of a renter. Plus, most homeowners enjoy stable housing costs.

It has been shown that homeowners enjoy a better quality of life, they tend to be happier and healthier, and feel a greater sense of control over their lives. They are free to redecorate, renovate and modify their homes as they wish.

So when a renter says  there life is better, explain to them why home ownership matter.

Dream. Build .LIVE!