Why is homeownership so important for America's families? It's simple. It provides an opportunity to build wealth, promises independence, and instills a strong sense of pride.
For many, buying a home embodies the American dream. You've worked hard, saved your hard-earned dollars, and built — and sustained — good credit to buy your home, one of the biggest investments you'll ever make. It's a huge milestone and you should be proud.
This pride, coupled with a sense of freedom, gives you the power to make your home uniquely yours, from the outside in. Your home is your space — your private sanctuary — that should reflect your personality, barring any rules that may be set by your neighborhood's homeowners association.
As a homeowner, you're able to create a space where you and your family feel most comfortable. Consider this:
Being the master of your own domain comes with many benefits and rewards. However, it's also important to note that owning a home comes with responsibilities that include routine maintenance and repairs that will cost you both time and money. This maintenance and upkeep is very important as it protects the value of your investment and further contributes to your family's financial security.
Be sure to visit My Home by Freddie Mac® to learn more about homeownership and follow our blog series, Why Homeownership Matters: The Triple Bottom Line, in celebration of National Homeownership Month.
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