At MarylandHomeownership.com, we believe that the American Dream can become a reality for Maryland residents.
The community benefits of homeownership can take many forms. It has often been found that owners are more likely to upkeep their homes and yards, raising property values and impressions of neighborhoods and communities. Living in one place for a longer amount of time creates and obvious sense of community pride, which may lead to more investment in said community. Families also benefit from homeownership, with studies proving that parents are able to spend less time in a stressed state, therefore spending more time with their children. The ability for parents to feel stable has a huge impact on children’s behavioral issues, educational success, and future economic success.
The financial benefit of homeownership is undeniable, and certainly the easiest benefit to demonstrate. On national level, homebuyers who purchased an average -priced home in 2011 have gained an average of $225,000 in equity. Homeownership provides a host of tax benefits as well, which reduce the overall costs of owning and allow owners to build a nest egg that lasts into retirement or can be passed on to future generations.
Maryland Homeownership wants to give you the tools to realize all the benefits that homeownership can offer. When you are ready to embark on your homeownership journey, we’ll be here to help.
Maryland Homeownership.com is a site owned and managed by Maryland REALTORS®, the professional trade association that represents, educates, and provides guidance to its 28,000+ members across the state. Its members follow the highest ethical standards, as established by the National Association of REALTORS®, which includes a commitment to fair and equal housing for all.
