Wednesday, March 8, 2017

Positive Health Impacts of Lexington Homeownership

Health Homeowners in Lexington, MA
There are so many perks to homeownership in Lexington, MA, financially, socially, educationally and healthfully! As your Lexington real estate agent, I’d like to share with you the health perks of homeownership today. If you’d like to improve your health, one way of doing so may be to buy a Lexington home in the near future!

Here are some of the health perks found in the recent Social Benefits of Homeownership and Stable Housing study:
  • Homeowners are generally healthier than renters. Renters tend to experience more respiratory issues, such as asthma, along with toxic exposures, injuries and mental health issues.
  • Increases in housing wealth were associated with better health outcomes for the homeowners.
  • Low-income people who had recently become homeowners reported higher life satisfaction, higher self-esteem and higher perceived control over their lives once they owned.
  • Homeowners report both higher self-esteem and happiness than renters. In the study, homeowners were more likely to believe they could achieve things as well as anyone else, and they report higher self-ratings on physical health.
  • Renters report a higher satisfaction in their housing situation, even when they become owners of the same place they rented.
  • Homeowners are 2.5 percent more likely to have good health than renters. When broken into demographics, the homeowner advantage becomes 3.1 percent healthier.
As you can see, these are sure signs that your health, happiness and self-esteem levels may improve once you buy a Lexington home!

This same study also found that children of homeowners tend to do better in school, go on to higher levels of schooling, and then find jobs that make more money. These are examples of the educational benefits of homeownership.

Homeownership also proved in the study to increase community involvement and a feeling of oneness with others in the neighborhood, school system or community as a whole. These are some social benefits of owning a Lexington home!

Many studies find that homeowners have a net worth much higher than renters, because they are building equity and wealth for their future. Plus, with fixed-rate mortgage loans, your monthly mortgage payment never increases, unlike rent payments, so there is an increased feeling of security.

Are you ready to buy a Lexington home and to begin experiencing some of the many perks associated with it? Contact me, your Lexington real estate agent! I can answer any questions you may have, and I would love to help you through each step of the home-buying process in the Lexington real estate market.

Theresa D'Antuono

No comments:

Post a Comment