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 Alexandria, VA

Latitude: 38.816242 -- Longitude: -77.071282

Other Area Cities: Alexandria Centreville Annandale Burke Falls Church Arlington Bon Air Engleside Franconia Lorton Merrifield Mantua Springfield

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Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,284. It is located on the west bank of the Potomac River, six miles south of downtown Washington, DC. Like the rest of Northern Virginia, as well as southern Maryland, modern Alexandria has been shaped by its proximity to the nation's capital. It is largely populated by professionals working in the federal civil service, the U.S. military, or for one of the many private companies which contract to provide services to the federal government. The latter are known locally as beltway bandits, after the Capital Beltway, an interstate highway that circles Washington, D.C. One of Alexandria's largest employers is the U.S. Department of Defense. Others include the Institute for Defense Analyses and the Center for Naval Analyses. -- Source: Wikipedia.com

Virginia 2000 Census Population Profile Map

	Alexandria	Virginia	United States
Population	128,283	7,078,515	281,421,906
Median age	34.4	35.7	35.3
Median age for Male	33.9	34.5	34
Median age for Female	34.9	36.8	36.5
Households	61,889	2,699,173	105,480,101
Household population	126,382	6,847,117	273,643,273
Average household size	2.04	2.54	2.59
Families	27,749	1,847,796	71,787,347
Average family size	2.87	3.04	3.14
Housing units	64,251	2,904,192	115,904,641
Occupied units	61,889	2,699,173	105,480,101
Vacant units	2,362	205,019	10,424,540

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