REALTORS® Open House Weekend

Attention Prospective Homebuyers:

REALTORS® around the nation will be holding open houses on the weekend of June 4 and 5, 2011 during REALTOR® Open House Weekend!  Thousands of people who have listed their home for sale will open their doors with a REALTOR® as host, for you to look around.

There are three ways to find which houses are open.  Stop by your local real estate office for a list of open houses, use this link to www.2findyourhome.com and search for a list of open houses or look for the REALTOR® balloon on area mailboxes, fences, railings etc.

The tax credit may be gone but interest rates are still low, home prices are lower and there is a variety of home choices available.

So get out and visit all the open houses in your area on June 4 and 5.  “After all one of the open houses you visit may be the one you’ve been looking for,” stated Alice Miranda, 2011 BNAR President.

Home Ownership Matters


TO PEOPLE…

  • Home owners are happier and healthier and enjoy a greater feeling of control over their lives.
  • Owning a home is one of the best ways to build long-term wealth. Historically, a home owner’s net worth has ranged from 31 to 46 times that of a renter.
  • Home owners are free to redecorate, renovate, and modify their homes as they wish.
  • Most home owners enjoy stable housing costs—a fixed-rate mortgage payment might not change for 15 to 30 years while rent typically increases 3% a year.
  • Home owners can typically deduct mortgage interest and property taxes on their federal individual income tax return.

TO COMMUNITIES…

  • People who own homes vote more, volunteer more and contribute more to their neighborhoods.
  • Home owners do not move as frequently as renters, providing more neighborhood stability. In turn, this stability helps reduce crime and supports neighborhood upkeep.
  • Children of home owners do better in school, stay in school longer, and are more likely to participate in organized activities and spend less time in front of the television.

TO AMERICA...

  • 67% of American households are owner-occupied. America is a nation of home owners.
  • Home owners pay 80 to 90% of federal individual income taxes, contributing to federal programs that benefit all Americans.
  • Every home purchased pumps more than $60,000 into the economy for furniture, home improvements and related items.
  • Housing accounts for more than 15% of the national Gross Domestic Product, a key driver of our national economy.
  • For these reasons and more, home ownership is the American Dream!
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