If you follow the daily real estate headlines, you might be tempted to wonder if purchasing a home is a wise decision right now. Naturally, those of us at Coldwell Banker Residential Brokerage will always believe in the dream of home ownership—but apparently an overwhelming number of homeowners still believe in it too. According to a recent survey by Bankrate.com, 90 percent of respondents said they had no regrets about buying their current home.
Why are so many homeowners happy with their investment? One reason might be that they are much more knowledgeable about mortgages than they were a few years ago. The survey found that only 8 percent of homeowners didn’t know whether they have a fixed-rate or adjustable-rate loan, compared to 26 percent two years ago. These savvy homeowners have most likely observed the events of the last two years and, as a result, have become more educated about the loan process. Since 87 percent of buyers still rely on real estate agents today, our sales associates at Coldwell Banker Residential Brokerage also play a vital role in helping clients understand the homebuying process. We are dedicated to training our sales associates in all areas of real estate and providing them with the resources they need to help clients fully understand the financial responsibilities associated with home ownership. When you have a personal advocate on your side helping you negotiate sales terms or informing you about everything from interest rates to new local market information, wouldn’t you be pleased with the final outcome too?
The Bankrate.com survey findings remind us all that the dream of home ownership is thriving, despite a challenging housing market. Homeowners still place a high value on their houses, both financially and socially. And it’s still up to us, as the nation’s largest real estate company, to help you find, purchase and move into your Southern California dream home.
To contact one of our fine sales associates or to find your next ideal home, visit www.OCViewOnline.com today.