4 Stats That Show Homeownership is a Big Deal

family cooking together in their home

June isn’t just about sun-kissed lake days and the official start of summer. It’s also National Homeownership Month! This is a time for recent buyers to celebrate, of course, but it’s also a joyous time for all of us who work in real estate. 

The Premier Closing Services team and our customers take great pride in getting buyers home to the next chapter of their lives. (Looking for ways to keep the party going as a fellow real estate professional? Check out this article.)

Here are just a few stats to show why owning your own place rocks:

  • The national homeownership rate is 65.6%. In Wisconsin, it’s just over 68%
  • In a recent survey, 88% of homebuyers said homeownership makes them happy. 
  • Conversely, almost 7 out of 10 renters believe having their own place would make them happier.
  • The No. 1 advantage to homeownership is stability (according to renters) and privacy (owners).

Homeownership is more than simply providing people with a place to live—though that’s a big part of it. It’s also a way to connect with a community, build a better future, and participate in the American Dream. 

Thank you for allowing Premier Closing Services to be part of this important journey for so many friendly faces in the Fox Valley. It’s a privilege we never take for granted. Contact us anytime!