This has been a year like no other. The pandemic has truly upended our lives, changed our routines, and made us miss the “before times”. But as we head into the holiday season, we think it’s important to acknowledge all the things we are thankful for – including our homes. Homeownership has always been part of the American Dream, and this year we think it’s more important than ever to articulate why our homes fill us with gratitude.
It brings us comfort
Having a home of our own brings us comfort like no other place can. We have the ability to stay warm and dry when it’s cold or rainy, or cool and comfortable during a heat wave. We can cuddle up in our cozy bedrooms, prepare delicious meals in our kitchens, and veg out in front of the TV in our family rooms with our loved ones.
It provides safety
During times like these, safety and security are critical. Owning our homes gives us peace of mind. We know we are safe and that our homes help keep us healthy. And during the pandemic, homeowners have had added security with things like the CARES Act, which allowed us to skip mortgage payments without penalty if needed.
It’s a place to work and play
This year, our homes have become a place to both work and play. They give us the space we need to work from home or to attend school online. But they also provide us with ways to relax and have fun, whether it’s a great backyard with a swimming pool or quiet corner to enjoy a good book.
When you own a home, you can truly make it your own. Unlike rentals, which often come with restrictions on décor or renovations, you can completely personalize your home when you own it. Paint the walls, change the lighting, add a room, renovate the bath – the sky’s the limit!
It’s a place for celebrations
While we will not be gathering together this year, we look forward to all the celebrations we will have with friends, family, and loved ones in the coming years. There’s no better place to party than at home! Some of our fondest memories in our homes center around birthdays, anniversaries, and holidays. And even though we can’t be together in our homes with extended family and friends this year, we still look forward to our own intimate gatherings.
It builds wealth
Owning a home is one of the best ways to build wealth. When you rent, you never see that money again. But when you own your home, you are building equity with every mortgage payment and upgrade you make. You can use that home equity in many ways, from funding a child’s college tuition to making a down payment on your next home. While the real estate market may fluctuate up and down in the short term, it always gains in value over the long term. And we couldn’t be more thankful for that!
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