Area cities celebrating Homeownership monthWest Fargo, ND (WDAY TV) - The month of June has officially been named “Homeownership” month.
By: WDAY, WDAY Staff Reports, WDAY
West Fargo, ND (WDAY TV) - The month of June has officially been named “Homeownership” month.
Mayors from Fargo, West Fargo, Moorhead and Dilworth were on hand to kick off the event and sight the proclamation. This year’s theme is "Now is the time."
The month highlights the benefits of homeownership and the opportunity for people to take advantage of the historically low interest rates and stable economy. West Fargo Mayor Rich Mattern says homeownership is the building block to a community.
Rich Mattern, Mayor/West Fargo: “Homeownership is I think we all take pride you know in our homes so, I'll never forget you know when I bought my first home I kind of just stood outside and said this is mine, which was a very cool feeling.”
Home equity accounts for more than half of the total net wealth of typical home-owning family.