FM mayors name June "Home Ownership Month"
FM (WDAY TV) - Back home now the mayors of Fargo, Moorhead, West Fargo and Dilworth gathered today to proclaim June "homeownership month".
The proclamation runs in conjunction with national homeownership month.
The Home Builders Association of FM says construction of 100 new homes in our area generates $9.5 million worth of economic benefit to local businesses in a single year.
Moorhead mayor Del Rae Williams says ownership also builds on more than the economy.
Del Rae Williams/ Mayor of Moorhead: "When you get to that point when you're ready to settle down, home ownership is really the piece of it, because then you get to become part of the community and get to know who is behind, you know, next door to you, across from you. And it becomes sort of an extended family."
The Home Builders Association of Fargo-Moorhead highlighted low interest rates and a stable economy as reasons to buy a home.