April is New Homes Month. Of course, it’s also the same month your taxes are due, but you may or may not have been able to take the home mortgage deduction, because you may or may not own your home. This is but one benefit to homeownership, but the National Association of Home Builders will also be drawing attention to other benefits that are economic, financial and personal. NAHB President Bobby Rayburn had this to say:
“While providing their families with a place to live, new home buyers are contributing to both our nation’s economic growth and their personal financial well-being”…”Thanks to current low interest rates and ongoing house-price appreciation, there has never been a better time to invest in a home and reap the myriad benefits of homeownership.”
Throughout New Homes Month and the rest of the year, the NAHB website, www.NAHB.org, will be educating others about the benefits of owning a new home. People considering buying a new home can get more information from the NAHB website, or from their local Realtor.
Information from RisMedia.com was used for this report.