Money can’t buy you happiness. But it can buy you a home. And according to a new survey, that might be the same thing. The recently released Bank of America Homebuyer Insights Report shows most Americans say they are happier with a mortgage payment than a rent payment. In fact, the research showed a full 93% of survey respondents said they were happier because they bought a house.
The report implies that many people believe owning a home gives a sense of emotional attachment and connection to their living space. Homeowners also say they have actually improved their lifestyle and taken on new hobbies along with home ownership.
At Shea Homes, we believe in the link between home ownership and lifestyle enhancements, and we put a lot of thought into the design of our homes so that we provide our homeowners with spaces created to match the way they live. A yard to start gardening, a kitchen to hone cooking skills, the rooms for being creative, working, playing, and dreaming.
The Bank of America Homebuyer Insight report says not only can homeownership lead to personal growth, but it can also lead to strengthening and growth of relationships with family and loved ones -- those living under the same roof and even those further away. Bank of America’s Homebuyer Insights Report shares that two-thirds of current homeowners have noticed positive changes and improvements in their close relationships since they have purchased a home.
Survey respondents reported that homeownership has had a profound impact on their lives, giving them a sense of accomplishment and satisfaction, resulting in the following outcomes: Giving families a sense of pride (reported by 47%)
Allowing homeowners to entertain and socialize more (reported by 49%)
Enabling homeowners to unite their entire family together under one roof (reported by 24%)
With all that owning a home can provide, it’s no surprise 88% of homeowners agreed that their decision to buy a house was the best decision they ever made. Come tour our models and let Shea Homes help you on your way to more happiness.
Sales by Shea Homes Marketing Company (AZ DRE #CO550381000), Construction by Shea Homes Limited Partnership (ROC #195895).