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 Roanoke, VA
Latitude: 37.276895 -- Longitude: -79.955711
Other Area Cities:
Wirtz
Roanoke
Cave Spring
Hollins
Salem
Vinton
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Roanoke (The Star City of the South) is an independent city located in the Commonwealth of Virginia. The City of Roanoke is adjacent to, but politically separate from, Roanoke County. The name Roanoke is said to have originated from a Algonquin word for shell "money".[1]
The town of Big Lick was chartered in 1874. It became the town of Roanoke in 1882 and the independent city of Roanoke two years later. Its location in the scenic Blue Ridge Mountains, in the middle of the Roanoke Valley between Maryland and Tennessee, made it the transportation hub of western Virginia and contributed to its rapid growth. As of the 2000 census, the city had a total population of 94,911.
-- Source: Wikipedia.com
Virginia 2000 Census Population Profile Map
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Roanoke |
Virginia |
United States |
|---|
| Population |
94,911 |
7,078,515 |
281,421,906 |
|---|
| Median age |
37.6 |
35.7 |
35.3 |
|---|
| Median age for Male |
35.9 |
34.5 |
34 |
|---|
| Median age for Female |
39.4 |
36.8 |
36.5 |
|---|
| Households |
42,003 |
2,699,173 |
105,480,101 |
|---|
| Household population |
92,373 |
6,847,117 |
273,643,273 |
|---|
| Average household size |
2.2 |
2.54 |
2.59 |
|---|
| Families |
24,255 |
1,847,796 |
71,787,347 |
|---|
| Average family size |
2.86 |
3.04 |
3.14 |
|---|
| Housing units |
45,257 |
2,904,192 |
115,904,641 |
|---|
| Occupied units |
42,003 |
2,699,173 |
105,480,101 |
|---|
| Vacant units |
3,254 |
205,019 |
10,424,540 |
|---|
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Keith Johnson
Radford & Associates, Inc.
2772 Electric Road
Roanoke, VA 24018
VOICE: 540-767-5044
FAX: 540-343-5135
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