How To Figure Out Your Home Buying Goals

How To Figure Out Your Home Buying Goals

With the dramatic fluctuations in housing prices over the last decade, consumers have new respect for homes as investments. But the flip side is that your investment is still a home, one you're likely to occupy for many years.

According to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®, the primary reason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire for more space, and a change in the family situation.

For most people, buying a home is about giving household members more comfortable living arrangements and putting them closer to jobs, favorite activities, family and friends.

What are your goals for buying a home? You might want a better home and neighborhood. You might want a different kind of living experience, such as moving from an apartment to a single-family home with a private garage and yard. Your family may be growing, so you have to think about school districts and proximity to parks and other recreation.

Affordability may also be an important factor for you. The combination of low interest rates and still-low prices allows you to buy more home for the money. Rents are rising, making ownership more affordable than renting in many areas, especially when you factor in tax incentives such as mortgage interest deductions and property taxes allowable as deductions against your income. 


Always call an expert when buying or selling a home. Please call me Amy Gibbo for all your Real Estate needs at 951-303-7431.


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Phone: 951-640-8562
Dated: June 12th 2015
Views: 357
About John: 26 years as Temecula and surrounding expert in Real Estate. From first and experienced owners to inv...

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