The REAL Reasons Americans Buy a Home

By
Real Estate Agent with Keller Williams Alabama Gulf Coast 100276

www.ewingrealestategroup.com

The REAL Reasons Americans Buy a Home

We often talk about the financial reasons why buying a home makes sense. But often, the emotional reasons are the more powerful, or compelling reasons. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership.

The top 4 reasons to own a home cited by respondents were not financial.

 

1. It means having a good place to raise children & provide them with a good education

From the best neighborhoods to the best school districts, even those without children at the time of purchasing their home, may have this in the back of their mind as a major reason for choosing the location of the home that they purchase.

2. You have a physical structure where you & your family feel safe

It is no surprise that having a place to call home with all that means in comfort and security is the #2 reason.

3. It allows you to have more space for your family

Whether your family is expanding, or an older family member is moving in, having a home that fits your needs is a close third on the list.

4. It gives you control over what you do with your living space, like renovations and updates

Looking to actually try one of those complicated wall treatments that you saw on Pinterest? Want to finally adopt that puppy or kitten you’ve seen online 100 times? Who’s to say that you can’t in your own home?

The 5th reason on the list, is the #1 financial reason to buy a home as seen by respondents:

5. Owning a home is a good way to build up wealth that can be passed along to my family

Either way you are paying a mortgage. Why not lock in your housing expense now with an investment that will build equity that you can borrow against in the future?

Bottom Line

Whether you are a first time homebuyer or a move-up buyer who wants to start a new chapter in their life, now is a great time to reflect on the intangible factors that make a house a home.

 

 

 

 

 

 

 

 

 

 

 

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Get to know Hank Ewing                              

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Hank Ewing is a team leader for the Ewing Group. He joined the team of experienced REALTOR® at Bellator Real Estate & Development in 2014, and he and his team specialize in selling residential properties fast and for the most money. He is also skilled in hunting down the best prices in the area to match buyers with their ideal homes.

Hank has Louisiana roots but has lived in Daphne, Ala. for seven years. Prior to beginning his career in real estate, he worked for 20 years as an engineer in communication technologies. Videos have been ranked one of the top-rated tools for successfully selling homes, and Hank is experienced in virtual tours and other visual technology to help you make a great impression on the market.

Hank has been married to his lovely wife Amy for 22 years, and has two children – Dylan, 20 and Anna Claire, 14. When he’s not marketing homes or finding great deals for buyers, Hank enjoys hunting and spending time with family and friends.

Hank Ewing Expertise

Specialties

 Land 

 New Construction

 Relocation 

 Residential

 Short Sales 

 Vacation/Resort Properties

 Condos/Townhomes 

 Luxury Homes

 Sellers 

 Buyers

 Investment Properties 

 Military Relocation

 REO/Bank Owned

 

Awards

Gold Club member Bellator Real Estate and Development

Presidents Club Bellator Real Estate and Development

 

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Posted by

Hank Ewing

The Ewing Group
Bellator Real Estate & Development

7300 Dolphin Street

Daphne, AL 36526

251-689-9765

www.findhomeseasternshoreal.com

 

 

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Rainmaker
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Home Value Leads
Autaugaville, AL

Great insights, Hank Ewing - this gives us real estate professionals all some things to think about when we talk with our clients about why they are buying their homes. Listening and asking questions should be the major part of the home buying conversation.

Sep 01, 2015 01:32 AM #1
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Rainer
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