Buyer Preference!

Real Estate Agent with Regal Homes and Properties

Why would Buyers prefer to drive fancy vehicles, rather than purchase a nice home for their families.  When my husband and I were starting our family, our home was top priority.  We sacrificed everything, to purchase a nice home, in a nice neighborhood, to raise our children.  Today, young families are content living in a not-so-nice rental, as long as they have "cool" cars to drive.  It WAS the American dream to own a home, but that dream seems to have died!

Comments (5)

Amanda Wilson
EWM International Realtors, Inc. - Fort Lauderdale, FL
Real Estate Advisor

To some, Image is Everything--rather they can afford it or not..remember, most Americans are still living BEYOND their means!  It's the American way....?

Nov 04, 2009 12:21 AM
Joel Prince
The Principle Group, Inc - Hixson, TN
Hixson/Soddy Real Estate Broker

Tami -

You said it.  I always dread seeing a buyer drive up in an expensive car.  I know it usually means they have excessive debt rather than disposible income. : (

Nov 04, 2009 12:22 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I've had them blow a deal when they purchased a car while they were in escrow and the lender could not qualify them because of the car.

Nov 04, 2009 12:24 AM
Tami Reynolds
Regal Homes and Properties - Warwick, NY

Amanda, you are so right!  On both accounts!

Nov 04, 2009 12:49 AM
Jeff Craig
Hang Me Up Photos - Jamestown, NC
Greensboro Area Real Estate Photography

Well, it seems like cool cars and all kinds of expensive toys are the stauas symbols these days.

Nov 04, 2009 01:56 AM