CT homeownership is a major part of the American Dream. As evidence of that, 91% of CT residents 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 CT home, it is important that we remember this.
CT 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 CT homeownership does make a significant positive impact on educational achievement.
- Several researchers have found that CT homeowners tend to be more involved in their communities than renters.
- Early studies of homeownership and health outcomes found that CT 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
CT homeownership means something more to people and their families than just the financial considerations. Contact a Real Estate professional from Dave Jones Realty who can assist with any of your Real Estate needs!