Now may be the perfect time to move!
Certainly, one of the more popular reasons people want a larger home is for the coveted “extra room,” either to accommodate additional children, additional stuff, or for that “special” activity they always wanted to pursue, but never had the room to do so (pun intended). I thought it would be interesting to do a little survey so I asked a number of you what you would do with an additional room. Here’s what you said:
Apparently, there are a few of you out there with a LOT of shoes, clothes and accessories, because the subject of storage/closet came up more than once – even got a vote for a “Big A__” pantry. There were also, notably, a few that REALLY, REALLY, liked cats, and a few entrepreneurial types that mentioned AirB and B, but, by far, the vast majority of you would use your extra room for your creative pursuits — writing, painting, dancing, music, skeet shooting (?????????), etc. One friend even mentioned a sound- proof “prayer room,” which, I don’t know about you but, I’ve never needed sound-proofing when I prayed. Of course, when I read further on her wish list, I realized that she also wanted to practice the bagpipes – makes sense now, doesn’t it! Not sure it was her or a family member that wanted the sound proofing, but either way…
All are perfectly legitimate reasons for another room and more space but while the reasons may vary from person to person, the fact, that now is a great time to take advantage of summer months to move, does not.
Contrary to what some may suspect, all indications are that we are NOT in a housing bubble, like we were before the big crash. People who are buying homes now are actually qualified to purchase (and more importantly, “to pay off”) their homes.
Even though prices have gone up lately, we are still nowhere near the highs of 2005 and 2006. Plus average annual new housing starts at the beginning of this quarter were not only WELL below 2005-2006 figures but also below new housing starts going as far back as 1980 (when interest rates were like basketball scores.) which leads us to the next big plus – Interest rates — still crazy low – I’m talking hockey or soccer score low – especially when you figure they were about four times what they are now back in the 80s.
Anyway, if you’ve dreamed of another room or just more space in a different place, call us. We’ll give you the scoop on what you can get for your current home and lay out a plan of action for finding you just the right place, with room for all your shoes, paintbrushes, ballet bars, and bagpipes – and maybe even a cat or two.