As much as things change, things remain the same. This is not news. But let’s talk about the news or, more specifically, the media.
I’ve been hearing complaints about the holiday season starting earlier and earlier every year (most of the complaints have been coming from yours truly, but it’s only because I am still busy with the leftover Halloween candy and I don’t want to be pushed towards candy canes just yet), but a recent article in The Denver Post points out that even as early as 1912, stores were promoting Christmas sales early in the season. One ad even boldly stated: “For the sake of humanity, shop early.” Wow.
So actually Christmas promos aren’t earlier every year, we are just led to believe that. In reality, things have pretty much remained the same.
So, imagine my surprise when I heard that owning a home was no longer the quintessential American Dream! And you thought the impending wine shortage was serious.
A recent report stated that nearly one in four people between the ages of 18 and 24 defined the American Dream as being debt-free. That’s good, right?. But what the poll was trying to convey is that more young people would rather be debt free than own a home, which throughout history was cited as part of the American Dream thanks to the societal status associated with home ownership.
But wait! The National Housing Survey of Delinquent Mortgage Borrowers study, conducted by Fannie Mae, asked questions about the importance of homeownership to those delinquent on their mortgages and 74% still see homeownership as better than renting.
So who’s right?
You’re right. Yes – you. Research and studies and polls and data can be skewed, so the only right answers when it comes to the question of whether or not to buy a home is whether it is the best decision for you now and in the future.
If you are, in fact, ready to buy, you should read my recent blog: Five Steps That Will Lead You Home, and remember that you would not perform brain surgery (I hope) if you were not a brain surgeon and therefore should probably not attempt home-buying without a professional at your side. A full-time, full-service Realtor with credentials and references is a good bet. Someone with CRS and ABR behind their name knows the ins and outs of the business while negotiating on your behalf. Realtors who have been in the business a long time know the pros and cons of different neighborhoods including everything from school districts to walking trails to resale values to the best floor plans for that perfect view.
If you are looking to buy or sell, I can help. In the meantime, enjoy that glass of cabernet before it’s gone for good.