The Emotional and Non-financial Benefits of Homeownership
With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with homeownership.
Homeowners Can Make Their Home Truly Their Own
Owning your home gives you a significant sense of accomplishment because it’s a space you can customize to your heart’s desire. That can bring you added happiness.
In fact, a report from the National Association of Realtors (NAR) shows making updates or remodeling your home can help you feel more at ease and comfortable in your living space.
TEACHERS, FIREFIGHTERS, NURSES, & LAW ENFORCEMENT TO NAME A FEW HOMETOWN HEROS.
Homeownership triumphed during the 2022 Florida legislative session, which ended on March 14, 2022. Working closely with with state lawmakers, Florida Realtor successfully advocated for $362 million for housing programs. This amount also includes $100 million for the organization's 2022 priority, the Hometown Hero Housing Program.
The Hometown Hero Housing Program is a new revolving loan program for qualified Hometown Hero's. This loan reduces the upfront costs for these homebuyers by providing 0% interest loans to help with down payment and closing costs. The loan is repaid once the home is sold, rented or refinanced.
