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 Norman, OK

Latitude: 35.221617 -- Longitude: -97.418236

Other Area Cities: Norman Oklahoma City Moore

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Norman is the largest city in Cleveland County in the U.S. state of Oklahoma, and is part of the Oklahoma City Metropolitan Statistical Area.Norman is best known as the location of the University of Oklahoma, making it a center of culture, technology, and scientific research. Norman is one of the world's most prominent centers of meteorology.Norman is the birthplace of Doppler radar. Norman's picture-book Main Street is a great source of pride for Normanites, as are the many shady, tree-lined housing areas that surround the OU campus. The west side of town has seen the most development in recent years, including affluent areas like Brookhaven, a sprawling neighborhood of townhomes, apartments, large estates and upscale retail and dining. The east side is older and includes the areas around the OU campus and downtown.Both areas retain their historic appearance. In 2006, Money Magazine ranked Norman as the 40th best place to live in the United States. -- Source: Wikipedia.com

Oklahoma 2000 Census Population Profile Map

	Norman	Oklahoma	United States
Population	95,694	3,450,654	281,421,906
Median age	29.3	35.5	35.3
Median age for Male	28	33.9	34
Median age for Female	30.9	36.9	36.5
Households	38,834	1,342,293	105,480,101
Household population	89,623	3,338,279	273,643,273
Average household size	2.31	2.49	2.59
Families	22,560	921,750	71,787,347
Average family size	2.93	3.02	3.14
Housing units	41,547	1,514,400	115,904,641
Occupied units	38,834	1,342,293	105,480,101
Vacant units	2,713	172,107	10,424,540

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