Other Reasons to Own a Home!
The majority of articles advocating home ownership center around financial benefits—fixed monthly expenses, tax benefits, accruing equity, etc.—and indeed these incentives do propel many people to purchase a Tampa FL home. According to two recent polls (Gallop and the Allstate / National Journal survey), however, other more intangible factors also motivate the purchase of a piece of real estate.
- Sense of community: As a homeowner, you’ll be centered in a strong community of like-minded people, which can be a valuable asset for you and your family. Homeownership brings a sense of pride in both your home and your community. Various studies suggest that a higher homeownership rate brings lower crime rates, higher property values, better educated children, and ultimately closer communities. Investing in a home may also mean investing in your family and your community by getting involved. Once you own a home, you feel more attached to the area in which you live. You're more interested in what happens in your neighborhood, to the roads, schools, and shopping areas
- Renewed belief in the American Dream: Although confidence in that dream has faltered in recent years, the desire to own a Tampa FL home is rebounding, especially among younger buyers and members of diverse ethnic groups. Pride and family stability are important factors in today’s dream. Your house is the physical manifestation of your years of hard work and financial responsibility. And nothing says “success story” like owning your very own piece of the American dream.
- Higher academic achievement of children: Consistent findings show that homeownership does have a significant positive impact on educational achievement. Some studies find that homeownership brings residential stability, and it is this stability that raises educational attainment. Another asserts that while homeownership raises educational outcomes for children, neighborhood stability further enhances the positive outcome. Additional research has shown that there is an increased chance of success in many areas for the children of homeowners,
- Freedom to “do your own thing.” If you own your house, the home imp rovement store is your oyster! You can paint, remodel, remove, or restyle just about anything in your home to meet your individual needs and/or reflect your tastes and personality.
Owning a home is certainly a wise investment—in so many ways!
Buying this spring? Calling lenders, looking at mortgage loan programs and interest rates can be confusing. There is an easy way to get started! Read our 'How Much Home Can You Afford' today!
When buying or selling property in today's real estate market, it's important to have confidence in your Tampa FL real estate professional! In order to be the best, I have earned the CRS (Certified Residential Specialist) and ABR (Accredited Buyer's Representative) designations. I have also been awarded a National Award of Excellency by Realtor.com. This demonstrates my desire to stay on the cutting edge of the Tampa Bay real estate market. My commitment as your Tampa area REALTOR® is to provide you with the customized real estate service you need!
As an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime! That's why my goal is to KEEP YOU INFORMED on trends in the Tampa FL real estate market using the latest sales statistics in Tampa. With prices and interest rates at historic lows, now is the right time to buy real estate in the Tampa market!
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