Thursday, June 4, 2009

Welcome to National Homeownership Month!

June is National Homeownership Month, and in recognition of the incredible rewards of homeownership, SIREN will be providing a series of articles and reports covering this special event.

The advantages of homeownership don’t just benefit individuals home owners, it also has a positive impact on our own community and country as well.

Joe Robson, chairman of the National Association of Home Builders, noted that “As the current economic downturn has shown, housing has a significant impact on our national economy, and for that reason it's important that we recognize the importance of homeownership this month as well as throughout the year."

For individuals, homeownership means mortgage interest and property tax deductions; the stable investment that comes with home appreciation; increased borrowing power; and the ability to build equity. More broadly, a healthy housing market creates a positive ripple affect into our communities across the country — housing accounts for 15 percent of the gross domestic product (GDP)and is a significant employer, supporting job creation.

To help celebrate this special recognition, SIREN will be posting a series of articles about the benefits of homeownership, as well as useful articles for homeowners!

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