{"id":5859,"date":"2024-06-03T05:30:00","date_gmt":"2024-06-03T10:30:00","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/more-than-a-house-the-emotional-benefits-of-homeownership\/"},"modified":"2024-06-03T05:30:00","modified_gmt":"2024-06-03T10:30:00","slug":"more-than-a-house-the-emotional-benefits-of-homeownership","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/more-than-a-house-the-emotional-benefits-of-homeownership\/","title":{"rendered":"More Than a House: The Emotional Benefits of Homeownership"},"content":{"rendered":"

\"More<\/p>\n

With all the headlines and talk about housing affordability<\/a>, it can be tempting to get lost in the financial side<\/a> of buying a home. That\u2019s only natural as you think about the dollars and cents of it all.<\/p>\n

And while you ultimately need to be able to afford a home you buy, don\u2019t lose sight of why homeownership<\/a> was so important to you in the first place. That\u2019s because buying a home<\/a> is so much more than just a financial transaction. As the National Association of Realtors <\/em>(NAR) says<\/a>:<\/p>\n

\u201cThe benefits of purchasing and owning your place of residence are both financial and <\/em>emotional \u2013 pride in homeownership and the feeling of security are huge intangible benefits<\/em><\/strong>.\u201d<\/em><\/p><\/blockquote>\n

Here\u2019s a look at just a few of those more emotional or lifestyle perks, to help anchor you to why homeownership<\/a> is one of your goals.<\/p>\n

A Sense of Satisfaction<\/strong><\/h4>\n

Owning a home is often associated with better mental health and well-being. That\u2019s probably because buying a home is a big milestone. And the sense of satisfaction and pride that comes with achieving that goal just feels good. A recent article from the Mortgage Reports<\/em> says:<\/p>\n

\u201cBy and large, homeownership brings more satisfaction than renting. . . Surveyees scored the overall happiness level of homeowners at 88% compared to 67% for renters.\u201d<\/em><\/p><\/blockquote>\n

More Stability for Your Family<\/strong><\/h4>\n

Another thing that may make homeowners<\/a> feel more satisfied is that they\u2019re finally able to put down roots. Think about it. If you\u2019re used to moving each time your lease<\/a> renews and your rent climbs<\/a>, staying put for a while would be nice not just for you, but for any loved ones that live with you.<\/p>\n

A home can provide more predictability and the chance to make long-term friends. That should reduce everyone\u2019s stress too. As NAR explains<\/a>:<\/p>\n

\u201cFamilies also benefit from homeownership, with studies proving that parents are able to spend less time in a stressed state, therefore spending more time with their children. The ability for parents to feel stable has a huge impact on children\u2019s behavioral issues, educational success, and future economic success.\u201d<\/em><\/p><\/blockquote>\n

A Stronger Feeling of Community<\/strong><\/h4>\n

And if you\u2019re also looking for a sense of belonging for yourself, homeownership can help with that too. As FinHabits<\/em> says<\/a>:<\/p>\n

\u201cHomeowners tend to be more involved in their local communities, leading to a stronger sense of belonging . . .\u201d<\/em><\/p><\/blockquote>\n

It makes sense. Your home connects you to your neighborhood and, by extension, your broader community. That\u2019s because owning a home gives you a stake in that community\u2019s future. So, becoming more involved and wanting to do what you can to help improve the area while making long-term relationships with neighbors is only natural.<\/p>\n

The Ability To Make the Space Your Own <\/strong><\/h4>\n

And don\u2019t forget, your home is a place that\u2019s all yours. Unless you\u2019ve got specific homeowner\u2019s association requirements, you\u2019re free to customize it however you see fit.<\/p>\n

So, if renting has been cramping your style, it\u2019s time to express yourself and jump on the latest trends (if you want to). Whether that\u2019s small home improvements or full-on renovations, your house can be exactly what you want and need it to be. And as your tastes and lifestyle change, so can your home. Picture coming home each day to a place that feels like you. That\u2019s a feeling like no other. <\/p>\n

Bottom Line<\/h3>\n

If you want to enjoy a sense of accomplishment and pride in where you\u2019re living, connect with a real estate agent to go over what you need to do now to make this future happen for you.<\/p>\n

Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"

With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That\u2019s only natural as you think about the dollars and cents of it all. And while you ultimately need to be able to afford a home you buy, don\u2019t lose sight […]<\/p>\n","protected":false},"author":1,"featured_media":5860,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-5859","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"\nMore Than a House: The Emotional Benefits of Homeownership—NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/more-than-a-house-the-emotional-benefits-of-homeownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More Than a House: The Emotional Benefits of Homeownership—NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. 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