{"id":6920,"date":"2021-05-03T06:00:29","date_gmt":"2021-05-03T10:00:29","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=6920"},"modified":"2021-05-03T06:00:29","modified_gmt":"2021-05-03T10:00:29","slug":"americans-find-the-nonfinancial-benefits-of-homeownership-most-valuable","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=6920","title":{"rendered":"Americans Find the Nonfinancial Benefits of Homeownership Most Valuable"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" width=\"358\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2021\/05\/20210503-KCM-Share-549x300-1.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Americans Find the Nonfinancial Benefits of Homeownership Most Valuable | Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2021\/05\/20210503-KCM-Share-549x300-1.jpg 549w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/04\/30111130\/20210503-KCM-Share.jpg 750w\" sizes=\"auto, (max-width: 549px) 100vw, 549px\"><\/p>\n<p>Homeownership is a foundational part of the <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/03\/31\/is-homeownership-still-considered-part-of-the-american-dream\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\">American Dream<\/a>. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/04\/08\/homeownership-is-full-of-financial-benefits\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\">financial benefits<\/a> are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher value.<span id=\"more-44306\"><\/span><\/p>\n<p>Recently, two national surveys revealed the reasons homeownership is such an important part of life. The top three personal benefits of homeownership noted by respondents in <em>Unison\u2019s<\/em> 2021 report on <a href=\"https:\/\/contentimages.o-prod.unison.com\/images\/press\/2021-Unison-SOTAH-Report.pdf\">The State of the American Homeowner<\/a> are:<\/p>\n<ul>\n<li>91% \u2013 feel secure, stable, or successful owning a home<\/li>\n<li>70% \u2013 feel emotionally attached to the homes that have kept them safe over the past year<\/li>\n<li>51% \u2013 call homeownership a \u201ckey part of their life\u201d<\/li>\n<\/ul>\n<p>These sentiments were supported by the most recent <a href=\"https:\/\/www.fanniemae.com\/media\/38891\/display\">National Housing Survey<\/a> from <em>Fannie Mae<\/em>, which also shows that the top three reasons Americans value homeownership have nothing to do with money. Those surveyed were given a list of feelings and accomplishments that are associated with or impacted by where we live. They were then asked, \u201c<em>To achieve this, are you better off owning or better off renting?<\/em>\u201d Here are the top three points from the list that respondents said homeownership could help them achieve:<\/p>\n<ul>\n<li>91% \u2013 control over what you do with your living space<\/li>\n<li>90% \u2013 a sense of privacy and security<\/li>\n<li>89% \u2013 a good place for your family to raise your children<\/li>\n<\/ul>\n<p>Other nonfinancial advantages of homeownership revealed by the survey include feeling engaged in a community, having flexibility in future decisions, and experiencing less stress.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Financial and nonfinancial benefits are a key component to the value of homeownership, but the nonfinancial side is most valued after a year full of pandemic-driven challenges. Let\u2019s connect today if you\u2019re ready to take the first steps toward becoming a homeowner.<\/p>\n<p>Content previously posted on Keeping Current Matters<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/04\/30111130\/20210503-KCM-Share-549x300.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Americans Find the Nonfinancial Benefits of Homeownership Most Valuable | Simplifying The Market\" loading=\"lazy\" style=\"display: block;margin-bottom: 5px;clear:both;max-width: 100%\">Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher [\u2026]<\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","footnotes":""},"categories":[3,88,84,125],"tags":[],"class_list":["post-6920","post","type-post","status-publish","format-standard","hentry","category-blog","category-first-time-home-buyers","category-for-buyers","category-rent-vs-buy"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/6920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6920"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/6920\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}