Should You Buy a Home?
I was going to post a very positive article from the Wall Street Journal this morning titled:
Yes, The US Housing Bust is Over!
This is a link to the article incase you want to read it:
online.wsj.com - The housing market has turned-at last. The U.S. finally has moved beyond attention-grabbing predictions from housing "experts" that housing is bottoming. The numbers are now convincing.
The key point in the article that caught my attention was:
"A new Wall Street Journal survey of forecasters found 44 believe the housing market has reached its bottom; only three don't. (The full results of the Journal's July survey will be released at 2pm ET)"
It also read not only has the market bottomed, prices have started going up in many parts of the country. We have witnessed Home Values increasing in almost all of Salt Lake, Davis and Utah counties this year. If you are one our seller's now and experiencing appraisal problems you know this because yesterdays comps are not what todays buyers are willing to pay! Our buyers also know this because they are seeing a very hot market with multiple offer notices and homes selling for more than list price!
Right when I was ready to hit post on the computer another article from KCM grabbed my attention. It was titled: Home Ownership the American Dream. This is a link to it:
Homeownership: The American Dream
This article reminded me it doesn't matter if its a good or bad time to buy a home financially! Unless your one of our investor client's it never has mattered. The fact is:
IT IS THE AMERICAN DREAM!
I would argue it's almost every persons dream on earth to own a home in America! It always has been and always will be the reason to own a home. This was from the article: "Fannie Mae’s quarterly National Home Survey, as far back as we can go, the top four reasons for buying a home are the same. The top four reasons people buy a home are:
- It means having a good place to raise children and provide them with a good education
- To have a physical structure where their family feels safe
- It allows for more space for their family
- It gives them control over what they do with their living space including renovations and updates."
So why are you waiting? Call, text or email now to start your home search!
