There is still an underlying value in home ownership that does not involve dollars and cents.
Now is a great time to buy because of low sales prices and low interest rates but let's don't forget the stability and pride that owning a home brings to a family.
As many qualified would-be buyers are opting to rent instead of committing to a real estate purchase, it seems to me that many are missing out on one of the most incredible opportunities in the last 100 years.
Many agonize about trying to determine exactly when the market has or will have bottomed out. They don’t want to invest in a property that could lose some monetary value in the near future.
But a home is not a stock or a bond. A home has intrinsic value that goes way beyond money. It is a place where dreams are fulfilled and memories are created.
Home is a place where we change the paint colors to suit our personalities, and where we tend our gardens that will mature and age more gracefully than us! The longer that we own a home, the more it becomes a part of us and the more it reflects who we are as a distinct human entity.
What kind of price would you set on the value of carrying your new bride across the threshold, or bringing a newborn infant home from the hospital or a greeting a returning serviceman or servicewoman and then uttering two of the most beautiful words in the English language:
“Welcome home!”
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