Home Sweet Home - A Thing of the Past??
I just finished re-reading a blog and the comments following it that J. Phillip Faranda posted a few days back. I was thinking about the "Herd" Mentality, and about key phrases I will often say as a REALTOR when helping folks to decide if a home is right for them.
Earlier today, I read a great post about being neighborly, written by Lisa Orme, and I was transplanted back to my childhood and the fun we had in our neighborhood. Potlucks, bar-b-cues, card parties - all kinds of fun stuff.
I got to thinking about my 23 years I lived in and around Green Bay, WI and the family homesteads, family farms, and history there.
I thought about 3 or 4 of my closest high school friends back in Washington State, and the homes they purchased in the late 70's and early 80's ...and still have.
I reminisced over the different posts I've read from loan officers this past week. Terms like appreciation, investment, equity, turnover, flipping, resale-ability, etc. came to mind.
Lastly I thought about the timidity of some buyers today, who are fully qualified, have savings, good credit, etc. but still hesitate to purchase a home in these times of mass inventory and low interest.
I'm wondering - if we (and we being America as a whole) bought our homes for that express purpose - to be a home, a sanctuary, a place of security and memories - would we have experienced this housing bubble?
Is it the "American Dream" that led to the buying frenzy of a few years back, or the thrill of making the American Dollar?
Don't statistics say something about the average home buyer moves every two years?
I'm feeling something has been lost when the Walton Family Homestead got re-sold for investment apartments. (example)
I'm feeling nostalgic over "Home for the Holidays".
Home may be where your family is, but how many of you remember "Going Home" to visit mom and dad and staying in your old room?
My children don't have their "childhood" home to come home to. I moved too many times. My middle son, has, however, just built a lovely Wisconsin home in which he intends to put down permanent roots. I envy him, and I'm happy for him.
What's your viewpoint? Have we become a society always looking for the next best thing? Have we lost our ability as a nation to put down roots?
Comments(4)