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Do you still believe in homeownership?

By Sophia Lin

Real Estate Agent with Intero Real Estate Services 01168070

September 10, 2010 07:34 AM

In today's market does homeownership still make sense........."heck yah"!! These are the days we've all wished for in the past:

•1. Low interest rates

•2. Tons of inventory

•3. Great bargains

Granted in a perfect world, we wouldn't have a challenged economy, but guess what, we don't live in a perfect world! So we have to deal with the good, bad and ugly and work with what we have.

If one could think outside the box, and don't always go with the flow, and understand that everything in life has a risk factor and be willing to take a little of that risk (nothing ventured, nothing gained) than many doors will open. Who knows, the next door open may be to you new home!

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Loreena and Michael Yeo

3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX

Real Estate Agents

Some of my clients don't. But they are too emotional. Homeownership is not just about the finances. It's alot of emotions that no money could purchase.

Sep 10, 2010 07:39 AM

Mike Carlier

Lakeville, MN

More opinions than you want to hear about.

Reasons not to buy:

1. You love your landlord and the annual rent increases.

2. You miss Mommy. You need someone to tell you that you can't have a dog, can't choose your paint color, can't , can't, can't...

3. You don't want to contribute to the national debt by having more tax deductions.

Sep 10, 2010 07:47 AM

Jim Hale

ACTIONAGENTS.NET - Eugene, OR

Eugene Oregon's Best Home Search Website

If it is a great time to buy....and it is - how can it not also be a great time to sell & buy?

Your equity in your next home is the only thing that matters. If prices and interest rates are low, when will it be better to get into that next home? Whatever rate of appreciation then accrues will be on your good position in that house.

Why wait where you are for past rates of appreciation - that will never return - to bail you out of a place in which you really do not want to be in five years. At that point, prices and interest rate will not let you get where you can only get by acting now.

Sep 10, 2010 07:52 AM

Do you still believe in homeownership?

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Sophia Lin

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