If you own a home, chances are you’ve invested more than money; you’re likely invested in the surrounding community, as well. Studies show that homeowners are more likely to be involved and engaged in local issues than renters. The schools and local retail shops grow in importance to homeowners as they become part of the fabric of
The fact is homeowners stay in their community four times longer than renters. That stability helps prevent crime, improve childhood education and support neighborhood upkeep. To learn more on this and other ways homeownership strengthens communities, listen to a recent segment from Real Estate Today Radio, www.retradio.com/shows/
Where the heart is… Talk to REALTORS® and homeowners in your area about how their financial investment affected their community involvement. Ask renters about their perceptions of the community and compare with those of local homeowners.