The 3 Biggest Non-Financial Benefits of Owning a Home
Source: KCM
Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it’s essential to think about the non-financial benefits that make a home more than just a place to live.
Here are three of the top non-financial reasons to buy a home.
According to Fannie Mae, 94% of survey respondents say “Having Control Over What You Do with Your Living Space” is a top reason to own.
Your home is truly your own space. If you own a home, unless there are specific homeowner association requirements, you can decorate and change it the way you like. That means you can make small changes or even do big renovations to make your home
There are Plenty of Buyers Active in Today's Market
Source: KCM
Are you holding off on selling your house because you think there aren't any buyers out there? Data proves just how active buyers still are today, even with higher mortgage rates.
The ShowingTime Showing Index is a measure of buyers touring homes. It shows they're actually a lot more active that normal. This proves buyers still want to buy and those who can afford to move today are doing so.
"Interest rate hikes continue to further cut into buyers' purchasing power, although they appear to have adapted to the higher mortgage rate environment..." Danielle Hale - Chief Economist, Realtor.com
If you are thinking of buying don't delay your plan to sell for fear of no one