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 Escondido, CA

Latitude: 33.124794 -- Longitude: -117.08085

Other Area Cities: Escondido Rancho Santa Fe Vista San Marcos

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Escondido is a city located in northern San Diego County, California just north of San Diego, California, USA. The name means "hidden" in Spanish-- it occupies a shallow valley ringed by rocky hills. Founded in 1888, it is one of the oldest cities in San Diego County. The city has a mild climate, a diverse economy and a growing population of 140,766, making it the fourth largest city in San Diego County in terms of population. Downtown Escondido (centered on Grand Avenue) has experienced a renaissance. Numerous fine restaurants, cafes, and galleries have opened over the past few years. Every Friday night from April through September, the Downtown Business Association hosts the popular "Cruisin' Grand," where the public can show and view hot rods and historic cars. A different car club and/or featured attraction (i.e. antique fire trucks, nitro night, midget and sprint cars) is highlighted each week. Cruisin' Grand also features a DJ, hula hoop contests for the kids, and 7 trophies. -- Source: Wikipedia.com

California 2000 Census Population Profile Map

	Escondido	California	United States
Population	133,559	33,871,648	281,421,906
Median age	31.2	33.3	35.3
Median age for Male	30.2	32.2	34
Median age for Female	32.4	34.4	36.5
Households	43,817	11,502,870	105,480,101
Household population	131,794	33,051,894	273,643,273
Average household size	3.01	2.87	2.59
Families	31,162	7,920,049	71,787,347
Average family size	3.5	3.43	3.14
Housing units	45,050	12,214,549	115,904,641
Occupied units	43,817	11,502,870	105,480,101
Vacant units	1,233	711,679	10,424,540

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