|
 |
|
|
| Today's Tips |
Go Back |
|
|
|
|
|
Why Buy?
Here are the results of a survey that was done by the National Association of REALTORS® of 2,000 renters and 6,000 homeowners.
• Studies show that most people buy homes not just to have control of where they live, but the satisfaction they get from owning and not renting. In fact, 76% of owners and 66% of renters considered pride a reason to buy. 7 in 10 disliked paying rent.
• Another reason to buy was to make a home a reflection of the owner. Having control over modifying home features was important for about 6 in 10 people who surveyed.
• “Settling down” was an important reason to buy. The investment aspect of owning was the reason to buy for 76% of owners and 69% of renters.
• Long-term appreciation was revealed in the survey as another reason for ownership. People consider buying a home a good investment because of the long-term venture.
• Even though people borrow a large amount to buy a home, they still receive full benefits of price appreciation. Leverage investment was revealed as another strong reason to buy.
• Almost 7 in 10 renters said they planned to buy a home in the future and were willing to sacrifice to do so. Sacrifice is worth it.
|
|
|
