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 Orem, UT

Latitude: 40.298753 -- Longitude: -111.696486

Other Area Cities: Orem Springville Alpine American Fork Lehi Spanish Fork Provo Salem Pleasant Grove Mapleton

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Orem is an incorporated city in the north-central part of the state of Utah in Utah County. It is adjacent to Provo, Lindon, and Vineyard and is about 45 miles south of Salt Lake City. As of the 2000 census, the city had a total population of 84,324. By 2005 its population had been estimated to increase to 89,713, making it the fifth largest city in the state. Utah Valley State College is located in Orem. The Orem Owlz of the minor league baseball Pioneer League play their home games at the college. Orem uses the moniker "Family City USA". The city, once known as Provo Bench, was named after Walter C. Orem, who operated a railroad line in the area in the early 1900's. Orem is located in the Alpine School District and is home to three high schools, three junior high schools, and 16 elementary schools. Utah Valley State College and Stevens-Henager College are also located in Orem. -- Source: Wikipedia.com

Utah 2000 Census Population Profile Map

	Orem	Utah	United States
Population	84,324	2,233,169	281,421,906
Median age	23.9	27.1	35.3
Median age for Male	23.7	26.7	34
Median age for Female	24.2	27.7	36.5
Households	23,382	701,281	105,480,101
Household population	83,573	2,192,689	273,643,273
Average household size	3.57	3.13	2.59
Families	19,085	535,294	71,787,347
Average family size	3.93	3.57	3.14
Housing units	24,166	768,594	115,904,641
Occupied units	23,382	701,281	105,480,101
Vacant units	784	67,313	10,424,540

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