Are You Afraid Of the Grass Being Greener On The Other Side?

November 20, 2008

“But what if mortgage rates drop next month…”, “I’d hate to pay too much for a home”, “I want to buy at the absolute bottom of the market…not a penny more!” “What if I buy now and then price go down again – I’ll be upside down within a few months!”

It’s human nature to want the best deal – the nicest house for your money – the lowest possible interest rate. But while caution may be good in choosing which stocks have good investment potential, many people lose sight of the fact that the primary reason for buying a home is to provide shelter for you and your family. Yes, I know that many have speculated in real estate over the last few years and cashed in on the escalating home prices. But those days are not these days.

Today your main motivation should be to find the best fit for your budget and your family. Does it really matter whether you pay 5% or 4% for a mortgage if you find a home that fits nicely into your conservative financial plan? Isn’t it more important to have a space for your daughter to practice the piano away from the noisy den than to have a cheap house with a floor plan that’s all wrong? Or wouldn’t you enjoy a beautiful shade tree in the back yard where you can hang a hammock more than a great deal on a home right next to a busy road?

Yes, there will be buyers who will buy at the lowest prices of the century and get a low mortgage too. But will they have the luxury of picking out a home that fits their needs, that nurtures their soul? Will they find a home that makes them go “Aaaaaah!” at the end of the day as they walk through the front door? Or will they merely use the space as a functional place to lay their head.

If you look to what makes a house a home, you’ll find that the grass is just as green, if not greener in a home chosen for love rather than money!

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Local Information for Tempe, AZ

Latitude: 33.388696 -- Longitude: -111.928783

Other Area Cities: Chandler Scottsdale Tempe Gilbert Mesa Paradise Valley Phoenix

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Tempe (pronounced /t?m.pi?'/) is a city in Maricopa County, Arizona, USA, with a 2005 population estimate of 165,796 according to the mid-decade Census survey. Darrell Duppa is usually credited with suggesting the name, adopted in 1879, after comparing the Salt River valley near a 300-foot-tall butte, to the Vale of Tempe near Mount Olympus in Greece. Duppa also had the honor of giving name to Phoenix, 11 years earlier. Tempe is a major suburb of Phoenix and is located immediately southeast. The upscale suburb of Scottsdale is immediately to the north of Tempe. Tempe is the location of the head offices of US Airways (formerly America West Airlines) and the main campus of Arizona State University. It was the longtime host of the Fiesta Bowl, although the BCS game will move to Glendale in 2007. On New Year's Eve, the city hosts the Tostitos Fiesta Bowl Block Party, one of the nation's largest New Year's Eve parties. -- Source: Wikipedia.com

Arizona 2000 Census Population Profile Map

	Tempe	Arizona	United States
Population	158,625	5,130,632	281,421,906
Median age	28.8	34.2	35.3
Median age for Male	28.3	32.9	34
Median age for Female	29.6	35.5	36.5
Households	63,602	1,901,327	105,480,101
Household population	153,383	5,020,782	273,643,273
Average household size	2.41	2.64	2.59
Families	33,654	1,287,367	71,787,347
Average family size	3.05	3.18	3.14
Housing units	67,068	2,189,189	115,904,641
Occupied units	63,602	1,901,327	105,480,101
Vacant units	3,466	287,862	10,424,540

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