Most people buy homes to have control over where they live. Although investment features are important, the psychological reasons for buying—the satisfaction of owning and freedom from paying rent—are at least as important. In a survey done by the National Association of REALTORS® of 6,000 homeowners and 2,000 renters—perhaps the largest ever of attitudes toward home ownership—showed that 76% of owners and 66% of renters considered pride of ownership an—important reason for buying.

Dislike Paying Rent:

Almost equal portions of owners and renters—close to 7 in 10—said a dislike of paying rent was an important reason to buy. Renting offers a lifestyle that’s nearly maintenance-free. That may appeal to you, but consider that renting offers you no equity, no tax benefit, and no protection against regular rent increases. Writing a rent check is just like watching your hard earned money sail away.

Settling Down:

More than 6 in 10 renters said “settling down” was an important reason to buy. Good Investment: 76% of owners and 69% of renters said the investment aspect of ownership was important.

Contact Info:
Sandi Schmude
100 NW Englewood Rd.
Kansas City, MO 64118
816-453-9100 ext. 129
816-729-5500 Cell
sandi@homeinkc.com