Could you first home be a townhome? Most people want the 3 bedroom, 2 bathroom, and 2 car garage home with a spacious backyard. Realtor.com highlighted this boom in the housing market for townhomes by stating the following: ““Despite the drop in market share during the Great Recession, the share for townhouse construction is expected to increase in coming years – with occasional ups and downs,” according to NAHB’s Eye on Housing blog.”
Realtor.com even suggested the long-run prospects for townhouse construction are positive given large numbers of homebuyers looking for medium density residential neighborhoods. In the Denton County area that I work in, townhomes are becoming a big movement. Townhomes are being designed like the normal single-family structure and you definitely wouldn’t know it was a townhome in the inside. I had the pleasure of showing Beauty Vlogger Missy Lynn a few townhomes in Lewisville at The Manors at Vista Ridge. Check out the video below and see what it means to have a townhome as your first home.
National Homeownership Month actually started as a week-long celebration of homeownership during the Clinton administration in 1995. In 2002, President George W. Bush proclaimed June as the National Homeownership Month
. Here is an excerpt from his proclamation
“Homeownership is an important part of the American Dream…A home provides shelter and a safe place where families can prosper and children can thrive. For many Americans, their home is an important financial investment, and it can be a source of great personal pride and an important part of community stability.”
“Homeownership encourages personal responsibility and the values necessary for strong families. Where homeownership flourishes, neighborhoods are more stable, residents are more civic-minded, schools are better, and crime rates decline.”
“During National Homeownership Month, I encourage all Americans to learn more about financial management and to explore homeownership opportunities in their communities. By taking this important step, individuals and families help safeguard their financial futures and contribute to the strength of our Nation.”
If you are one of the many renters out there who would like to make the transition from renter to homeowner, contact me so that we can evaluate your ability to do so.