No matter how the housing market changes, there are some things about owning your own home that never change: like comfort and financial security.
Over the last few years, Americans have fully embraced the meaning of being comfortable in a home that suits your needs.
“We spent more time than ever inside our homes,” says Pilar Castro, Sales Associate at ERA Justin Realty, “That made our sense of attachment and comfort more important than ever.”
A recent State of The American Homeowner report from Unison shows:
- 64 % of American homeowners say living through the pandemic made their home more important to them than ever
- 91% of homeowners say they feel secure, stable, or successful owning a home
Here are 5 of the top benefits to owning a home:
- You control your monthly payment
- You build equity with every payment
- Home price values rise over time
- Possible tax deductions
- Investing in your community
The National Association of Realtors (NAR) points out that in addition to financial benefits, homeownership brings substantial social benefits for communities and the country as a whole.
Jennifer Darby Metzger, Broker/Owner of ERA Justin Real Estate agrees. “Not only does owning a home increase your net worth over time,” she says, “but being part of a community gives you and your loved ones a place to put down roots, and to grow and thrive as contributing members of a community.”
Whether you are thinking of buying your first home, moving up to your dream home, or downsizing to something that better fits your changing lifestyle, Pilar Castro or any of the sales associates at ERA Justin can help you find a dream home that will bring you both comfort and security. Give us a call at (201) 939-7500.