Pams Real Estate Ponderings

There’s a lot of conversation about home prices, mortgage rates, and affordability right now – and those things are important. But if you’re thinking about buying a home, it’s worth remembering something the headlines rarely talk about: people don’t buy homes just for financial reasons. They buy them for their lives. Because while homeownership can absolutely be a smart long-term financial move, it also comes with some emotional benefits spreadsheets just can’t capture. Maybe that’s why a 2025 survey from Fannie Mae notes : “Consumers were twice as likely to mention lifestyle benefits (67%)—like security, customization, and outdoor space—than financial benefits (34%) when explaining why their homes have become more important in recent years.” Here are a few reminders of what owning a home gives you that renting never will. 1. A Milestone You Get To Be Proud Of Buying a home is a big deal. First home, fifth home – it doesn’t matter. It’s a moment you’ll remember. And when you final...