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    It’s officially National Homeownership Month 2023 — a time to celebrate the American Dream and help others along their journey to home ownership.

    At Embrace, these goals are important year-round, but in June, they truly come front and center. Why?

    For starters, homeownership builds wealth. According to a recent study by the Federal Reserve, the median net worth of U.S. homeowners is 40x higher than the median net worth of renters.

    The median net worth of homeowners is also 2x the median net worth of U.S. households nationwide.

    Homeownership also improves mental and physical health and provides a sense of stability for families.

    Whether you already own a home, you’re working toward it, or you just want to help others in need, there are plenty of ways to join in the efforts.

    Here are four ways to celebrate National Homeownership Month: 

    1. Give your home a little extra TLC.

    If you’re a homeowner, use National Homeownership Month to put some extra care into your home.

    Power wash the exterior and driveway, clean the gutters, or give the inside a fresh coat of paint.

    It’s also a good time to declutter and schedule general checkups on your HVAC and other major systems.

    2. Throw a block party with your neighbors.

    A huge perk of homeownership is the camaraderie that comes with it, so take this month to celebrate your neighbors.

    Throw a block party complete with food, games, and contests, or team up with neighbors for a community service project or fun run.

    You can donate the proceeds to a local housing agency or shelter.

    3. Volunteer at a Habitat for Humanity build.

    Habitat for Humanity helps build homes for families in need, and they’re always looking for additional volunteers.

    That might mean helping at the actual build site, doing repairs and upkeep on existing Habitat houses, or volunteering at a Habitat for Humanity ReStore if there’s one nearby.

    ReStores offer discounted materials, supplies, and home goods and can help support low-cost homebuilding efforts in your region

    4. Give to organizations helping address housing issues.

    If you’re short on time, donating funds during National Homeownership Month can help too. You can donate to housing organizations like Habitat for Humanity, the National Low Income Housing Coalition, Mercy Housing, 995 Hope, or NeighborWorks America. Even just a small donation can make a difference.

    Celebrating National Homeownership Month as a Realtor

    Here are some tips on how to make the most out of National Homeownership Month as a realtor:

    Promote Local Realtors – Reach out to other realtors in your area with promotional materials or printouts for their own events.

    Have Educational Seminars – Invite other real estate professionals to lead educational seminars about the benefits of homeownership and how to undertake the process.

    Showcase Properties – During the celebration, showcase properties in your area. This allows guests to compare their options and get an in-depth look into the local housing market.

    Provide Homeowner Advice – Have a panel available to give professional advice to potential homeowners and what steps should they take. They can answer any questions that people may have to help them to better understand the home buying process.

    Host Homeowner Contests – Have contests such as a “Best Home Tour” contest. This will drive engagement, reward creativity, and promote the event.

    By taking part in National Homeownership Month and utilizing these strategies, realtors can leverage the celebration to make a name for themselves. With the right approach, they can build an effective marketing plan to promote their services and gain more leads.

    Need help on your journey to homeownership?

    If you’re hoping to become a homeowner, or a realtor looking to help more clients, consider using National Homeownership Month to learn about the process and to set the foundation for your future purchase.

    Start with Embrace’s Homebuying 101 and Homebuying Guide, and work on building up your credit. A good credit score will make it not only easier to qualify for a mortgage loan — but more affordable too.

    Finally, get in touch with an Embrace Home Loans team member in your area. They can run the numbers, help you understand the costs, and give you recommendations based on your personal situation and goals.

    Your mortgage options for a smooth journey home.

    Get expert guidance and personalized solutions for a stress-free mortgage experience.