The real estate industry has been a big topic of the media in 2010. FromTime Magazine’s September cover title “Rethinking Home Ownership” to the Wall Street Journal’s headliner “Top 10 Reasons To Own A Home”, there have been a lot of theories about the impact of homeownership in today’s economy. This will be the first of a 3-part series on why we believe homeownership really matters today.
So why does homeownership matter so much to people? Studies show that homeownership has a significant and very positive impact on net worth, educational achievement, civic participation, health and overall quality of life. In fact, according to recent stats released by the National Association of Realtors, here are some reasons why homeownership matters to people: