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 Cambridge, MA

Latitude: 42.373746 -- Longitude: -71.110554

Other Area Cities: Cambridge Belmont Boston Braintree Arlington Chelsea Everett Malden Medford Melrose Milton Quincy Revere Somerville Winthrop Needham

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Cambridge is a city in the Greater Boston area of Massachusetts, United States. It was named in honor of Cambridge, England. Cambridge is most famous for the two prominent universities that call it home: the Massachusetts Institute of Technology and Harvard University. As of the 2000 census, the city population was 101,355. It is the fifth most populous city in the state. Cambridge is a county seat of Middlesex County, Massachusetts, along with Lowell. However, the county government was abolished in 1997; although it still exists as a geographical and political region, with Middlesex County courts and jails and such, county employees now work for the state. -- Source: Wikipedia.com

Massachusetts 2000 Census Population Profile Map

	Cambridge	Massachusetts	United States
Population	101,355	6,349,097	281,421,906
Median age	30.4	36.5	35.3
Median age for Male	29.4	35.4	34
Median age for Female	31.6	37.7	36.5
Households	42,615	2,443,580	105,480,101
Household population	86,692	6,127,881	273,643,273
Average household size	2.03	2.51	2.59
Families	17,595	1,576,696	71,787,347
Average family size	2.83	3.11	3.14
Housing units	44,725	2,621,989	115,904,641
Occupied units	42,615	2,443,580	105,480,101
Vacant units	2,110	178,409	10,424,540

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