Checking The Pulse Of The Kansas City Real Estate Market
The lack of home buyers in the Kansas City market place isn’t necessarily a sign that home buyers are never coming back to the market. A poll by the National Association of Realtors found that 72% of respondents indicate owning a home is a top priority in their future. I will say it until I’m blue in the face, a home is not JUST an investment… it’s where you live, where you raise a family, where you kick back and don’t have to worry about a landlord and neighbors being right on top of you at every turn.
Living in an apartment costs money too and if you told me I wouldn’t make $1 on my home, I’d STILL own a home rather than rent. It’s a way of life that I’m unwilling to give up. If you told me it would cost me more to live in my home that the home appreciates, I’d still choose to own a home. I can’t imagine renting and for my family there is no other option than home ownership. It would take a complete collapse of the economy and a return the great depression for me to feel otherwise. And if that happens, we have a lot bigger problems to worry about.
The 72% of renters that make owning a home a top priority is big jump from the 63% who said the same just a year ago. 2/3 of the people said now is a good time to buy… Hmm, they should call a Realtor because there’s some seriously motivated sellers and some amazing deals out there right now. When asked why home ownership matters, “stability and safety” were the top reason given and how do you put a price on that?
Posted by Jason Brown