When you decide that the time is approaching to put your home
on the market, you probably take special interest in exploring the conditions
that are likely to motivate families to buy your house in Metairie. Most of the
research on the subject indicates that it has at least as much to do with how
people live their lives as it does with external forces--like changes in the
economy or jobs market. When you spend as much time as I do chatting with
people who are in the hunt to buy a house, you’d probably agree.
When Metairie empty nesters come to the conclusion that
supporting more house than they need is wasting their resources, finding the
right smaller place can become increasingly appealing. The idea that they could
buy a house that’s right-sized for them—and come away with extra cash to
support more travel and leisure activities—can soon become Priority 1. The current
status of the real estate market doesn’t come close as a determining factor.
In the same way, there’s nothing like the arrival of a new
baby to prompt the decision to buy a house with an extra bedroom or two. Likewise,
when a youngster is approaching school age—but your district isn’t quite up to
par—a move across town might suddenly beckon.
When the time comes to buy a house, people tend to take more
seriously these kinds of long-term issues. Since there is a whole universe of
possible changes in income or family situation that life can send our way, it
does make sense to delay some decisions for a while.
If a move is to
be from renting to owning, the dollars and cents wisdom is usually clear enough.
Across the U.S., rents are rising quickly enough to practically guarantee the practicality
of making such a move—even if only because of the ‘forced savings’ advantage that
ownership brings. If a move is contemplated to a larger or a smaller home, or
from one neighborhood in Metairie
to another, developments in the economy or particulars like changes in the
mortgage rate may influence the decision, but not lead it. Family matters
motivate most moves.
Such outside
factors may not be decisive, but the good news is that this September is one of those times when many of
them are in place to make buying or selling a house in Metairie is more attractive than usual…and for sure, a
good time to give me a call!
Terez B. Harris
Keller Williams Realty New Orleans
504 975 1033
TerezHarris@KW.com
TerezSellsNolaHomes.com
8601 Leake Ave., New Orleans, La 70118
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