The Feeling You Get from Owning Your Home
We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones.
No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, that feeling of safety and security you gain from owning your own home is simultaneously one of the greatest and most difficult to describe.
Frederick Peters, a contributor for Forbes, recently wrote about that feeling, and the pride that comes from owning your own home.
“As homeowners discover, living in an owned home feels different from living in a rented home. It’s not just that an owner can personalize the space; it touches a chord even more fundamental than that.
Homeownership enhances the longing for self-determination at the heart of the American Dream. First-time homeowners, young or old, radiate not only pride but also a sense of arrival, a sense of being where they belong. It cannot be duplicated by owning a 99-year lease.”
Bottom Line
Owning a home brings a sense of accomplishment and confidence that cannot be achieved through renting. If you are debating renewing your lease, let’s get together before you do to answer any questions you may have about what your next steps should be, and what is required in today’s market!
Guidance and Support Are Key When Buying Your First Home
Guidance and Support Are Key When Buying Your First HomeIn June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR):“The...
Is It a Good Time to Buy or Sell a Home?
A Real Estate Pro Is More Helpful Now than Ever
A Real Estate Pro Is More Helpful Now than Ever Some HighlightsA recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis.Expertise and professionalism are highly valued and can save buyers...
Two Reasons We Won’t See a Rush of Foreclosures This Fall
Two Reasons We Won’t See a Rush of Foreclosures This FallThe health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result,...
Thinking of Selling Your House? Now May be the Right Time. Utah Realty Can Help
Thinking of Selling Your House? Now May be the Right Time. Experienced Realtors at Utah Realty Can Help! Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there...
Mortgage Rates Fall to 50 year low
Mortgage Rates Fall Below 3% Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best...
Real Estate is a Top Investment
Mortgage Rates Hit Record Lows for Three Consecutive Weeks
Mortgage Rates Hit Record Lows for Three Consecutive WeeksOver the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the...
Buyers: Are You Ready for a Bidding War?
Utah Buyers: Are You Ready for a Bidding War?Hiring an Expert with 34 Years of experience might just be what you need to rise to the top! With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated...
Americans Rank Real Estate Best Investment for 7 Years Running
Americans Rank Real Estate Best Investment for 7 Years Running Some Highlights Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years. The belief in the stability of housing as a long-term...