Why does home ownership matter to you, your wallet, your community and the economy?

November 25, 2011

Housing is a significant driver of the national economy— it accounts for more than 15% of the gross domestic product. In addition, six of the last eight recessions have ended as a result of robust housing markets; war spending ended the other two recessions.   Home ownership is strongly tied to jobs in this country. For every two homes sold, one job is created in this country. In addition, each home purchase generates as much as $60,000 in economic activity over time.

It Pays to Support Responsible Home Ownership
Understand the role that home ownership plays in our economy and the programs that help make it attainable and sustainable for responsible home owners.

Your Mortgage Deduction: Turn Tax Savings into Home Value
There’s savings to be had when you own a home and take the mortgage interest deduction each year. Here are some smart—and fun—ways to use your accumulated tax savings.
Benefits of Home Ownership
Being a home owner is more than just having a roof over your head. It offers important social benefits, like higher academic achievement, more cohesive communities, better connected families, improved health and safety, and a stronger economy.  Thinking of buying home?  Let me know!