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 Antioch, IL

Latitude: 42.479069 -- Longitude: -88.090878

Other Area Cities: Antioch Grayslake Fox Lake Zion Beach Park

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Antioch is a suburban village in Lake County, Illinois, USA. The population was approx. 13,400 as of the 2005 Illinois Census. Antioch is part of the Chicago metropolitan area. The Pottawatomi Indian Tribe, nomadic hunters who lived in tepees, inhabited Antioch when white men began to arrive. They fought with the British in the War of 1812 and then with the American settlers in the Blackhawk War of 1832. It was in 1832 that the Indians began to leave the area, although arrowheads and other remnants of their history can still be found today if one knows where to look. The winding Highway 173 was once an Indian trail and Highway 83 was the Muquonago Trail. -- Source: Wikipedia.com

Illinois 2000 Census Population Profile Map

	Antioch	Illinois	United States
Population	8,788	12,419,293	281,421,906
Median age	33.7	34.7	35.3
Median age for Male	32.2	33.3	34
Median age for Female	34.8	36	36.5
Households	3,235	4,591,779	105,480,101
Household population	8,786	12,097,512	273,643,273
Average household size	2.72	2.63	2.59
Families	2,353	3,105,513	71,787,347
Average family size	3.2	3.23	3.14
Housing units	3,346	4,885,615	115,904,641
Occupied units	3,235	4,591,779	105,480,101
Vacant units	111	293,836	10,424,540

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