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 Pittsburgh, PA

Latitude: 40.441419 -- Longitude: -79.977292

Other Area Cities: Bell Acres White Oak Bradford Woods Pittsburgh Bellevue McMurray Castle Shannon Coraopolis Franklin Park Oakmont Penn Hills Monroeville Allison Park Sewickley Heights West Mifflin North Braddock Plum Easton

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Pittsburgh (pronounced ['p?ts.b?g]) is the second largest city in the Commonwealth of Pennsylvania. It is the county seat of Allegheny County, Pennsylvania. Built on the land between the confluence of the Allegheny, Ohio and Monongahela rivers and the surrounding hills, Pittsburgh features a skyline of 151 skyscrapers, 446 bridges, two inclines, and a pre-revolutionary fortification. Residents of the city are called Pittsburghers. The Downtown is a compact and walkable area located on the triangular land at the rivers' confluence. Pittsburgh was fueled by the manufacturing industry until the 1980s when the United States steel industry collapsed. The city's economy is now largely based on healthcare, education, technology, and financial services. Robotics, in particular, is a major sector of the local economy; the Wall Street Journal dubbed the city "Roboburgh." -- Source: Wikipedia.com

Pennsylvania 2000 Census Population Profile Map

	Pittsburgh	Pennsylvania	United States
Population	334,563	12,281,054	281,421,906
Median age	35.5	38	35.3
Median age for Male	33.1	36.5	34
Median age for Female	37.9	39.4	36.5
Households	143,739	4,777,003	105,480,101
Household population	311,749	11,847,753	273,643,273
Average household size	2.17	2.48	2.59
Families	74,104	3,208,388	71,787,347
Average family size	2.95	3.04	3.14
Housing units	163,366	5,249,750	115,904,641
Occupied units	143,739	4,777,003	105,480,101
Vacant units	19,627	472,747	10,424,540

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