Consider homeownership to be an investment.....

By: Sunny Cooper, Special Projects Manager, NHS of Baltimore

More recently, there has been a plethora of articles and commentary as to the decline of homeownership and its decreased financial profitability to the end-Homebuyer. While buying a Home may not reap the huge financial rewards of a few years ago, it is still an investment.

Buying a home is an “Investment in You”

It’s your achievement.
It’s a testament that you did it (made a financial investment) – all by yourself…
You worked hard, saved, went to classes and got your credit in order.
That in itself is your accomplishment. This accomplishment is represented in something tangible – A home.



Buying a home is an “Investment in Your Community”

You made a commitment to invest in a particular neighborhood by buying a home.
You maintain this investment by:
- Cutting the grass,
- Planting fall bulbs for spring tulips,
- Petitioning for speed bumps on your street along with your neighbors,
- Checking in on an elderly neighbor.

These neighborly interactions create a sense of community thus increasing the value of your home.


Buying a home is an “Investment in - Your City”-

The city needs investors who are committed to its success in order for it to thrive.

Potholes are filled, parks are cleaned and school buildings are improved – in part on funding received from property taxes. A strong invested citizen base attracts new businesses that “want” to move to the area. It attracts retail opportunities such as grocery stores and movie theatres. Lastly it demands public services necessary for the health and welfare of all citizens alike.

Gone are the days that the purchase of a home was merely for a – “5 yr Investment Strategy”…

Gone are the days that a home was purchased to be used as “Bank” with which to withdraw equity to fund other jumpstarts…



Hopefully we are returning to the ole’ retro idea – Buying a Home in which to actually “Live”.