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Health & Fitness

Now IS the Time to Buy Your First Home

Home ownership remains a core value to American families and here's a few reasons to consider buying a home now.

Did you know June was National Homeownership Month? I know, I know... there’s a month or a day and a greeting card for everything. But the idea behind National Homeownership Month is to develop programs and incentives to help every American citizen realize the dream of homeownership. Trite though it may sound, isn’t homeownership part of the American Dream for most folks?

Homeownership provides many social, economic, and personal benefits. When families own their own home, they tend to invest themselves more in their communities as homeownership fosters a sense of pride in their neighborhoods.

Homeowners also tend to experience economic security and optimism about the future. A home is a tangible asset that provides the ability to borrow, build wealth, and achieve independence. Even with the recent economic downturn, American families still value the American dream of homeownership. In fact, one survey has revealed that more than 80 percent of Americans recently thought buying a home remained the best long-term investment they could make.

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According to an article I was just reading, a January 2012 study found that 96 percent of homeowners said they are happy with their decision to own. Nearly seven out of 10 American adults who are not currently homeowners said it was a goal of theirs to buy a home.

As the Chairman of The National Association of Home Builders recently said, “Anyone thinking of buying a home shouldn’t wait any longer. Housing markets around the country are improving, home prices have stabilized, there is a great selection of available homes for sale, and interest rates are at near historic low levels.” As he also added, “Homeownership remains a core value to American families. Even more important than the financial advantages of homeownership, is that first and foremost, a home is where your family can relax, spend quality time together and build lifelong memories.”

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For anyone looking to buy their first home, or to move up to a space that is better suited for their current lifestyle, market conditions make it a great time to buy a home. Housing markets around the country are improving, home prices have stabilized, there is a great selection of available homes for sale, and interest rates are at near historic low levels.  Call me at 678-478-2424 today to see how I can help you make that dream come true!

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