In this day and age we dream of alot of things as Americans... fame, money, and home ownership. Obviously as a Realtor I think everyone should partake in home ownership. But as a member of the community and having my own family I truely believe everyone should partake in this. Yes all of us have our sisters cousins friend, or someone to that affect, who we think would not be an ideal home owner... after all they are not financially ready and they do not take care of their rental. However are we ever financially ready for everything life throws at us, and the pride one feels with ownership will change the care they take.
Owning a home is not just a place to live your life, but an investment towards your furture. The networth of a home owning family is more than $200,000 while another family that rents is about $5,000! Even in the strong housing market in Minot you are still able to increase your equity in owning a home... after all renting is just buying someone else a house!!
There Benefits of Home Ownership:
1. Higher Academic Achievement
2. More Cohesive Communities
3. Stronger Families
4. Improved Health & Safety
5. Stronger Economy
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