Home Is Where the Heart Is More than Ever This Year

<article class="post-103326 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-103326"><span class="entry-date">November 30, 2021</span><div class="entry-header center-block text-center"><h1 class="entry-title">Home Is Where the Heart Is More than Ever This Year</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=Home+Is+Where+the+Heart+Is+More+than+Ever+This+Year&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fhome-is-where-the-heart-is-more-than-ever-this-year%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<p><img alt="Home Is Where the Heart Is More than Ever This Year | Simplifying The Market" class="webfeedsFeaturedVisual wp-post-image" decoding="async" link_thumbnail="" loading="lazy" sizes="auto, (max-width: 549px) 100vw, 549px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2021/11/19111024/20211130-KCM-Share-549×300.jpg" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2021/11/19111024/20211130-KCM-Share-549×300.jpg 549w, https://files.simplifyingthemarket.com/wp-content/uploads/2021/11/19111024/20211130-KCM-Share.jpg 750w" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" width="358"/></p>
<p>There’s no denying the <a href="https://www.simplifyingthemarket.com/2021/10/22/your-home-equity-is-growing-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2">financial benefits</a> of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership has a whole new meaning for many of us.<span id="more-45559"></span></p>
<p>According to the <a href="https://contentimages.o-prod.unison.com/images/press/2021-Unison-SOTAH-Report.pdf"><em>2021 State of the American Homeowner</em></a> report by <em>Unison:</em></p>
<blockquote>
<p><em>“Last year, staying home became a necessity and that caused many homeowners to have <strong>renewed gratitude for the roof over their head</strong>.”</em></p>
</blockquote>
<p>As a nation, we continue to work through the challenges of a pandemic that’s pushed us all to new limits. Over the past year and a half, we’ve spent more time than ever at home: working, eating, schooling, exercising, and more. The world around us changed almost overnight, and our homes were redefined. Our needs shifted, and our shelters became a place that protected us on a whole new level. The same study from <em>Unison</em> notes:</p>
<ul>
<li>91% of homeowners say they feel <strong>secure, stable, or successful</strong> owning a home</li>
<li>64% of American homeowners say living through a pandemic has made their home <strong>more important to them than ever</strong>
</li>
<li>83% of homeowners say their home has <strong>kept them safe</strong> during the COVID-19 pandemic</li>
</ul>
<p>It’s no surprise this study also reveals that homeowners are now more emotionally attached to their homes as well:<a href="https://files.simplifyingthemarket.com/wp-content/uploads/2021/11/19111026/20211130-MEM-Eng-1.png"><img alt="Home Is Where the Heart Is More than Ever This Year | Simplifying The Market" class="aligncenter wp-image-45561" decoding="async" height="488" loading="lazy" sizes="auto, (max-width: 650px) 100vw, 650px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2021/11/19111026/20211130-MEM-Eng-1.png" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2021/11/19111026/20211130-MEM-Eng-1.png 1000w, https://files.simplifyingthemarket.com/wp-content/uploads/2021/11/19111026/20211130-MEM-Eng-1-400×300.png 400w" width="650"/></a>As we’ve learned throughout this health crisis, homeownership can provide the safety and security we crave in a time of uncertainty. That sense of connection and emotional stability genuinely reaches beyond just the financial aspect of owning a home. As JD Esajian, President of <em>CT Homes, LLC</em>, <a href="https://www.fortunebuilders.com/benefits-of-homeownership/">says</a>:</p>
<blockquote>
<p><em>“Aside from the financial factors, there are several social benefits of homeownership and stable housing to consider. It has long been thought that buying a home contributes to a sense of accomplishment. Still, most individuals fail to realize that <strong>homeownership can benefit your mental health and the community around you</strong>.”</em></p>
</blockquote>
<p>Whether you’re thinking of buying your first home, moving up to your dream home, or downsizing to something that better fits your changing lifestyle, take a moment to reflect on what Mark Fleming, Chief Economist at <em>First American,</em> <a href="https://blog.firstam.com/economics/the-reconomy-podcast-what-is-the-fed-signaling-on-interest-rates">notes</a>:</p>
<blockquote>
<p><em>“Buying a home is not just a financial decision. <strong>It’s also a lifestyle decision</strong>.”</em></p>
</blockquote>
<h3><strong>Bottom Line</strong></h3>
<p>If you’re considering buying a home, it’s not entirely about the dollars and cents. Don’t forget to weigh the <a href="https://www.simplifyingthemarket.com/2021/05/03/americans-find-the-nonfinancial-benefits-of-homeownership-most-valuable/?a=712984-fa409495d5d70154d03a25e81e9540e2">non-financial benefits</a> that may truly change your life when you need them most.</p>
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