Dana Ehrlich
Servant-hearted real estate.
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The True Value of Homeownership
The True Value of Homeownership
Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides. Of course, there are financial reasons to buy a house, but it’s important to consider the non-financial benefits that make a home more than just where you live.Here are three ways owning your home can give you a sense of accomplishment, happiness, and pride. You May Feel Happier and More Fulfilled Owning a home is associated with better mental health and well-being. Gary Acosta, CEO and Co-Founder at the National Association of Hispanic Real Estate Professionals (NAHREP), explains:“Studies have shown the emotional and psychological benefits that homeownership has on a person’s health and self-esteem . . .”Similarly, Habitat for Humanity says:“Residential stability among homeowners is related to improved life satisfaction, . . . along with better physical and mental health.”So, according to the experts, owning a home can improve your psychological wellness by making you feel happier and more accomplished.You Can Engage in Your Neighborhood and Grow Your Sense of CommunityYour home connects you to your community. Homeowners tend to stay in their homes longer than renters, and that can help you feel more connected to your community because you have more time to build meaningful relationships. And, as Acosta says, when people stay in the same area for a longer period of time, it can lead to them being more involved:“Homeowners also tend to be more active in their local communities . . .”After all, it makes sense that someone would want to help improve the area they’re going to be living in for a while.You Can Customize and Improve Your Living SpaceYour home is a place that’s all yours. When you own it, unless there are specific homeowner’s association requirements, you’re free to customize it however you see fit. Whether that’s small home improvements or full-on renovations, your house can be exactly what you want and need it to be. As your tastes and lifestyle change, so can your home. As Investopedia tells us:“One often-cited benefit of homeownership is the knowledge that you own your little corner of the world. You can customize your house, remodel, paint, and decorate without the need to get permission from a landlord.”Renting can limit your ability to personalize your living space, and even if you do make changes, you may have to undo them before your lease ends. The ability homeownership gives you to customize and improve where you live creates a greater sense of ownership, pride, and connection with your home.Bottom LineOwning your home can change your life in a way that gives you greater satisfaction and happiness. Connect with a local real estate professional today if you’re ready to explore homeownership and all it has to offer.
MOREMoving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC]
Moving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC]
Some HighlightsIf you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer, and it’s a great time for sellers.If your needs have changed, now’s the time to capitalize on the low inventory and multiple offers in today’s sellers’ market.Connect with a local real estate agent today if you’re ready to sell your house and move to a home that meets your changing needs.
MOREThe Benefits of Selling Now, According to Experts
The Benefits of Selling Now, According to Experts
If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set yourself up to get the most eyes possible on your house.Here’s what industry experts are saying about why selling now has its benefits:Lawrence Yun, Chief Economist at the National Association of Realtors (NAR):“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”Selma Hepp, Chief Economist at CoreLogic:“We have not seen the traditional uptick in new listings from existing homeowners, so undersupply of housing will continue to heighten market competition and put pressure on prices in most regions. Some markets are already heating up considerably, but price premiums that we saw last spring and summer are unlikely.”Clare Trapasso, Executive News Editor at Realtor.com:“Well-priced, move-in ready homes with curb appeal in desirable areas are still receiving multiple offers and selling for over the asking price in many parts of the country . . .”Jeff Tucker, Senior Economist at Zillow:“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”SBottom LineIf you’re thinking about selling your house, connect with a real estate advisor who can share the expert insights you need to make the best possible move today.
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Dana Ehrlich
Dana Ehrlich is a veteran Realtor® with over 19 years of experience helping buyers and sellers throughout Los Angeles. She specializes in assisting families and individuals during times of transition, whether they’re looking to upgrade to a larger house, downsize to a smaller property, or find a new home after relocating to the area. Dana has particular expertise working with the 50+ community, and she is one of less than 10% of Realtors® who hold the National Association of Realtors®’ advanced designation, Seniors Real Estate Specialist (SRES®). Whatever her client’s unique situation, she approaches every transaction with the utmost sensitivity, professionalism, and respect, while always delivering excellent, friendly customer care.
Born and raised in Los Angeles, Dana discovered her passion for real estate at a young age thanks to her mother, who enjoyed buying and selling properties. After graduating with a bachelor’s degree in music from Bard College at Simon’s Rock in Massachusetts, Dana returned to California, where she launched a 25-year career in corporate B2B business development for a variety of tech startups. She transitioned to real estate in 2003. In addition to her extensive industry knowledge, Dana draws on her sales and marketing background and technical skill set to provide her clients with strategic, cutting-edge advice, problem-solving, and services. She attributes her success as a Realtor® not only to her business acumen and marketing savvy but also to her humble, honest, down-to-earth style.
When she’s not practicing real estate, Dana enjoys organic gardening, cooking, trying new foods, and outdoor entertaining with friends and family.
3461 Oak Glen Dr, Angeles, California, 90068, United States