Most consumers know homeownership is among the soundest investments an individual can make to begin building personal wealth. However, owning a home is not just in the best interest of the homeowner; homeownership also provides social stability, builds communities and is a driving force for the national economy.
For those reasons, Greater Chattanooga Realtors is proud of its ongoing partnership with Habitat for Humanity of Greater Chattanooga Area. Through our organizations, we’re able to witness firsthand how homeownership can transform lives and communities.
On Monday, Aug. 30, Greater Chattanooga Realtors will host Tee Up & Wine Down for Habitat. The event is a massive undertaking by our Community Partnerships Committee, and the result of their hard work is a lot of fun.
Even more rewarding are the funds the event raises to assist Habitat in building affordable homes for our neighbors.
Sure, we enjoy the all-day event, which includes golf, wine tasting and a silent and live auction. But we put on this event for reasons much more significant than a fun day away from our real estate businesses. Both Realtors and Habitat believe in the power of the American Dream, which reaps many benefits:
Social stability
Improved educational performance, lower crime rates and improved health are a few social benefits linked to homeownership.
Homeownership allows households to accumulate wealth, which opens doors to more engagement in communities through volunteer work, involvement in social activities and electoral participation.
Strong communities
Homeowners tend to stay in their homes longer than renters, dedicate more money to improving their home and are more engaged in enhancing their community.
What’s more, homeowners are often more invested in their home and their surroundings, which leads to stronger neighborhoods and communities and increased interaction between neighbors.
Economic force
Being a homeowner also has positive local and national economic impact. That’s because homeownership creates jobs through remodeling, landscaping, lawn service, furniture and appliances, home improvement and real estate services.
When a home is sold in the United States, the income generated from real estate-related industries is over $20,000, and additional expenditures on consumer items is about $4,500 – a boom to the economy.
Brings families together
Along with being more involved in their communities, homeowners are often active and connected to their own families. Family dinners and game nights at home could mean a happier, more connected household.
Home is where people make memories and feel comfortable and secure. So, with a few tickets remaining for the wine tasting and silent auction portions of Tee Up & Wine Down, we invite the public to join us at Black Creek from 5:30-8 p.m. Monday.
Call Greater Chattanooga Realtors at 423 6980-8001 to secure your ticket for only $69.
Together, we can help those who are able and willing to assume the responsibilities of homeownership and give them the opportunity to pursue that dream and enjoy the many benefits that come along with it. That’s Who We R.
Greater Chattanooga Realtors is The Voice of Real Estate in Greater Chattanooga. A regional organization with more than 2,400 members, Greater Chattanooga Realtors is one of 300 local boards and associations of Realtors nationwide that comprise the National Association of Realtors. Greater Chattanooga Realtors services Hamilton and Sequatchie counties in southeast Tennessee and Catoosa, Dade and Walker counties in northwest Georgia. For more information, visit www.gcar.net or call 423 698-8001.