Price dominates conversation when we talk about buying a home. However, when it comes down to it, we actually buy for the same reasons our parents and grandparents did – we want a better lifestyle for ourselves and our families. The Myers Research and Strategic Services Survey:
The top five reasons given in the survey for buying a home, in order, are
1. Home ownership provides a stable and safe environment for children and other family members.
2. Home ownership means the money you spend on housing goes towards building equity, rather than to a landlord.
3. Home ownership creates the opportunity to pay off a mortgage and own your home by the time you retire.
4. Home ownership creates the opportunity to live in a neighborhood that you enjoy.
5. Home ownership allows you the right to decorate, modify and renovate your home as you see fit.
It means having a good place to raise children and provide them with a good education.
The top five reasons given in the survey for buying a home, in order, are:
1. You have a physical structure where you and your family feel safe.
2. It allows you to have more space for your family.
3. It gives you control of what you do with your living space (renovations and updates).
4. Paying rent is not a good investment.
I would add that ownership saves the hassle and cost of moving from rental to rental. With your own home you get to stay put!
To our Military Friends: relocating is a big step. In addition to finding a home, you need to make sure the community you are considering really suits your needs. The key is to gather as much information as possible about your prospective community so you can make an informed decision. Contact your Real Estate Agent to assist you with all the information you will need when relocating to Cheyenne. We have a good understanding of all the physical and emotional stress that relocating can lay upon you. We offer experienced home buying advice
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