AgentIndustry News

3 reasons people want to buy homes

Mood of the Market
Published on Feb 6, 2012

Last week, I ran into a few friends I hadn't seen for awhile. One was all atwitter about a home she was in the process of buying, which caused another to wax reminiscent of her own homebuying odyssey a couple of years back. The latter blurted out, "I love my house, but I have to be honest: I wish I'd never bought it. Too much of a commitment." Mind you, this came from a woman with a husband, two kids and a highly visible executive role at a large company. When I pointed out what seemed to me to be her inconsistent logic regarding her approaches to long-term commitments, she elaborated: "Because of the house, I can't just pack up and move when I want to anymore. I can't just strap my kids on and take them with me wherever I go." I pressed her about how much her tax situation must have improved, and she brushed it off, saying, "I don't pay attention to that sort of thing." Now, I suspect she has a case of "grass is greener" syndrome, a...

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