The Appeal of Real Estate

By
Real Estate Agent

Owning a home, for most people, is the ultimate American dream. A place that you can call your home, a retreat from the daily challenges of life, and a venue to display that ornate rooster decoration that was handed down to you from your great aunt Mabel. ;)

Even with the great housing collapse, people are still keen when it comes to wanting to own a home, and the big question is...why? Why own a home when renting a place seems like the economical thing to do nowadays? Perhaps the answer lies not in the obvious economic advantages of owning your own place (though those are certainly there as well), but in the various things that cannot be seen, and can only be felt by the heart.

The pride of owning a home

Perhaps this is the number one reason why people want to own their own home - the pride of ownership. I don't think its the process of finding homes for sale in Scottsdale, AZ or anywhere else that people choose to move. However painless, or even fun, your real estate agent makes it, looking for a house to live in can often be a stressful experience for people. No, the big reason likely comes down to that feeling that you get when you go home to your family (if you have one), and think "Yes! I own this!" Nothing can beat that feeling. 

 You are the king ( or queen) of your castle

No one can tell you what to do in your own house, and you have absolute freedom, within the limit of the law of course, to do what you want with your house. So you can paint that living room that hideous shade of teal that you have been dreaming of, and no one can stop you. You can even have your own pool, or shape that hedge into the shape of Free Willy, and no one can stop you. This feeling of freedom is one of the things that draws people to wanting to own a home.

The Security of having a house

That sense of security that you get when you lay down in your bed at night is also one of the appealing things that drives people to want to own a home. People want to own a home because they want the security that no one can kick them out of their home (assuming you're making your payments, of course). If you own your own house, you never have to face the nightmare of coming home and finding out that the house you live in is being sold from under you to out of town investors. If you are renting and you are faced with this scenario, you could potentially find yourself with an unreasonable increase to your rent, and that might end up leaving you homeless. Owning your own home can put an end to this fear.

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Topic:
Home Buying
Tags:
owning a home
why own a home
real estate ownership
real estate appeal
what draws people

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Rainmaker
1,656,265
Andrew Mooers
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

As a property tax payer, you are more involved for sure in what happens in your little burg.

Apr 29, 2015 03:08 AM #1
Rainer
261,909
Sham Reddy
H E R Realty, Dayton, OH - Dayton, OH
CRS

Home ownership has always been and always will be the best investment anyone can make in their lives for the all the obvious reasons you quoted above.  Thanks

Apr 29, 2015 03:44 AM #2
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Rainer
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Harry Ikanson

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