June is National Homeownership Month – a time for special recognition of the impact of owning a home and achieving a cornerstone of the American Dream. Homeownership is powerful for individuals, communities, and our economy. Not only does owning a home afford families a space of comfort, it helps build financial security through equity and create leverage for future investments. Homeownership creates residential longevity that strengthens communities through stable local spending, civic engagement, and the revenue of real estate taxes for improvements to roads, utilities, and schools. Our economy benefits when homes are bought and sold and from the financial capacity that families and communities gain through homeownership. Bankers, insurers, retailers, decorators, landscapers, and movers are just a few of the business people that thrive through homeownership; add to them the restaurants, shops, doctors, and services near where people live and it’s easy to see that homeownership is an enormous benefit to everyone.
Join Virginia REALTORS® in sharing the impact of homeownership – it’s the best investment in our future.