Home or a House?
There is a lot of concern about the recent high number of houses for sale in Florida and other states that have been hit hard by the slowdown in real estate.
The most common questions being asked of real estate agents are:
- Where are home values (in general)?
- What is going to happen to my home value?
- How much are people getting for houses sold in my area?
- Can I now afford some of the luxury homes for sale?
- and for new home buyers the questions is:
- Are banks still giving home loans?
While they are important questions, they are not the most important question. The question buyers really need to ask before looking at houses for sale is, “Do I want a home or a house?”
House - Home
There is a big difference between houses and homes. A house is a commodity, an investment, but your home is where your life story happens, homes are for family. Realizing that that process is either driven by emotions or finances is critical as both a buyer and seller. Taking a hard look at what you want will help you to make the right long term home purchase, or to properly market your house.
Another consideration is what type of property do you want? There are many sub-markets to consider. The luxury homes for sale are one example. These larger properties are often coveted. Right now, out of all the homes for sale, the luxury market offers one of the best opportunities. Upgrading to the property of your dreams has never been more affordable.
Give Jeff Alexander a call Today! 360-904-7355
