June is National Home Ownership Awareness Month

Home ownership has been the American Dream for several decades. Owning a home creates that sense of community that so many of us dream  of and work to achieve. In recognition of the value and benefits of home ownership in the Greater Philadelphia area, Prudential Fox & Roach, REALTORS is celebrating National Home Ownership Awareness throughout the month of June.

National Home Ownership Awareness Month is observed each June to raise awareness about the vital role homeownership plays in improving lives, creating jobs and economic opportunities, and strengthening America’s neighborhoods.

As part of the celebration, we thought we would share with you some interesting data released from a recent National Association of Realtors survey about American attitudes about home ownership. According to the survey, owning a home continues to be a goal for the majority of Americans during the economic downturn of the past few years.   Homeowners believe that owning a home is a positive choice. A majority of homeowners agree or strongly agree that owning a home provides a healthy and stable environment for raising a family (87 percent), that it helps them meet long-term financial goals (77 percent) and it helps them realize the American Dream (70 percent).

Overwhelmingly, home owners today are happy with their decision to own a home, with a a whopping 93 percent of home owners surveyed saying they would buy again. The vast majority of home owners say that owning a home is a smart decision over the long term. Even in today’s challenging economy, 95 percent of home owners believe that over a period of several years, it makes more sense to own a home.

During the month of June, celebrate your home by recognizing the milestone of home ownership and its impact within your life and community.

By Larry Flick, Prudential Fox & Roach, Realtors

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Blog post compliments of CenterCityTeam’s Philadelphia Real Estate Blog

Frank L. DeFazio, Esquire
Prudential Fox & Roach Realtors – Society Hill
530 Walnut Street, Suite 260
Philadelphia, PA 19106
215.521.1623  Direct
610.636.4364  Cellular
888.308.1148  Fax
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