NATIONAL ASSOCIATION OF REALTORS RELASE STUDY OF HOME OWNERSHIP AND HEALTH

The report states, "Owning a home embodies the promise of individual autonomy and it is the aspiration of most American households. Homeowners allows households to accumulate wealth and social status, and is the basis for a number of positive social economic, family, and civic outcomes." The fact is homeownership has benefits that can be hard to quantify, such as better health and peace of mind, knowing that you own your home and do not report to a landlord. Renters who became homeowners significantly raised their satisfaction with their housing status, reported higher self-esteem and perceived greater control over their lives. Sometimes, the number of sales or the price or the interest rate, isn't the most compelling aspect of a transaction...it is the impact upon lives.