Homeownership Can Make You A Happier Person-Heres How

    As the old saying goes, you can’t buy happiness. But you can buy a home—and, according to a new study, that’s pretty much the same thing.

    According to the 2019 Fall Homebuyer Insights Report from Bank of America, a whopping 93 percent of people surveyed said that owning a home makes them happier than they were when renting.

    But why, exactly, has homeownership caused such a major increase in happiness? 76 percent of homeowners said they started pursuing new hobbies after purchasing their home; including landscaping/gardening (47 percent), cooking/baking/grilling (45 percent), and interior design/remodeling (33 percent); while 67 percent said their relationships with family and loved ones has changed since purchasing a home, including giving their family a sense of pride (47 percent) and allowing homeowners to entertain more (49 percent).

    The Takeaway:

    Buying a home gives you more happiness bang-for-your-buck than any other purchase—so not only is it a sound financial investment, but it’s a sound emotional investment as well.

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    Peter Sweeney

    Hello Colorado, thank you for taking the time to visit our website! We are a Colorado rooted brokerage whose founder's grew up in the Denver Metro Area. We are passionate about creating a culture of happy agents which then relays to the amazing service they provide to clients. If we can help you in any way, with any Real Estate needs, please do not hesitate in contacting us. Thank you again for taking the time!

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