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The Benefits of Homeownership Go Beyond the Financial

January 14, 2018 | By Shane Roxburgh

The Benefits of Homeownership Go Beyond the Financial

The Benefits of Homeownership Go Beyond the Financial | MyKCM

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

Homeownership is NOT just about the money. In fact, some of the major benefits are non-financial. Here are a few of those benefits as per the National Association of Realtors:

  • Consistent findings show that homeownership does make a significant positive impact on educational achievement.
  • Several researchers have found that homeowners tend to be more involved in their communities than renters.
  • Early studies of homeownership and health outcomes found that homeowners and children of homeowners are generally happier and healthier than non-owners, even after controlling for factors such as income and education levels that are also associated with positive health outcomes and positively correlated with homeownership.

Bottom Line

Homeownership means something more to people and their families than just the financial considerations.

Shane Roxburgh

Shane Roxburgh's years of experience is vital to the day-to-day operations and overall success of the company. From liaising with our clients, investors, developers, builders and landowners. Shane identifies processes, strategies and marketing plans to create long term growth opportunities all long term relationships for all. Shane Roxburgh has created a real estate consulting company that provides overall approach to all your real estate needs, acting as "Your Utah Real Estate Group". "My success has been due to the integrity and the close client relationships I have built over the years. In today’s market, it is important to work with the best in the industry with the highest and utmost integrity to insure the best results."