Owning a home is an important part of the American dream and an important part of our way of life. Core American values of individuality, thrift, responsibility, and self-reliance are embodied in homeownership. During National Homeownership Month, we raise awareness of homeownership and encourage more Americans to consider the benefits of owning their own home.

Some benefits of home ownership include:

• Home owners provide stability. Owners typically stay in their home 12 years whereas renters stay no more than three years. (U.S. Census American Housing Surveys)
• Home owners create positive environments for families. Children of home owners are 59% more likely to become homeowners. Their children are also 25% more likely to graduate from high school and 116% more likely to graduate from college. ( Boehm & Schlottmann, University of Tennessee)
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