By Kyle Shults
Williamson County Association of REALTORS® recognizes the value of homeownership. We want to celebrate and promote the American dream of homeownership and identify the many benefits of owning that roof over your head.
Most consumers know that homeownership is among the most sound investments an individual can make to begin building their personal wealth. However, owning a home is not just in the best interest of the homeowner. Below are some of the benefits of reaching this goal.
Social stability: Improved educational performance, lower crime rates and improved health are a few social benefits linked to homeownership. Homeownership allows households to accumulate wealth, which opens doors to more engagement in communities through volunteer work, involvement in social activities and electoral participation.
Strong communities: Homeowners tend to stay in their homes longer than renters, dedicate more money to improve their home and are more engaged in enhancing their community. Homeowners are often more invested in their home and their surroundings, which leads to stronger neighborhoods and communities and increased interaction between neighbors.
Economic force: Being a homeowner also has a positive local and national economic impact. That is because homeownership creates jobs through remodeling, landscaping, lawn service, furniture and appliances, home improvement and real estate services.
Brings families together: Homeowners are often active and connected to their own families. Family dinners and game nights at home could mean a more-connected, happier family.
Home is where people make memories and feel comfortable and secure. We at WCAR want to take this opportunity to reiterate that anyone who is able and willing to assume the responsibilities of owning a home should have the opportunity to pursue that dream and enjoy the many benefits that come along with it.