Why is there a Month for Homeowners?
Did you know June is recognized as Homeownership Month. Do you remember that feeling when you bought your first home, or are you dreaming of such. There is no doubt homownership offers an array of benefits both tangible and intangible. It that why it called the American Dream! Below is a quick look at some facts that about the benefits of Homeownership. • 86 percent of current renters want to own a home in the future. • Homeowners bring stability to neighborhoods. Homeowners move far less frequently than non-owners, and hence are embedded into the same neighborhood and community for a longer period. • The average child of homeowners is significantly more likely to achieve a higher level of education and, thereby, a higher level of earnings. • While both homeowners and non-owners may aspire to be engaged parents, homeowners likely live in neighborhoods with more opportunities for school involvement or participation in neighborhood activities. • Homeowners