News And Information From By Whaley & Associates

It is considered a truism that owning a home is a better financial option than renting. After all, the logic goes, why should you pay your landlord’s mortgage when you can pay your own? Intuitively, it feels true, but how true is it—and how do we really know?

The value of homeownership is two-fold, including both financial benefits and intangible differences that encourage better financial, educational, and professional habits. These can pay dividends in a variety of ways for generations to come. Analyzing statistics associated with homeownership allows you to determine that buying a home isn’t just a good idea—it’s an essential part of personal wealth building and management.

Financial Benefits of Home Ownership