Homebuyers Choosing Lifestyle over Location


 

SARASOTA, FLORIDA, May, 9, 2013 – There are so many things to consider when you’re looking to buy a new home. As consumers over the years we’ve been taught to think of only three things when it comes to buying real estate…location, location, location. For some reason this “Old School” way of thinking still resonates with many people today. However, today’s consumer appears to be more concerned with how they live as opposed to where they live reports John Conde Orlando Realtor, “The new generation places more value on how a home will either support or enhance their lifestyle and care far less about what zip code they will be living in.”

Real Estate Lifestyle

“It’s beneficial for buyer’s agents to find out what the interests and hobbies are of a potential buyer as well as find out things such as; if they want to live close to the beach, on a lake, golf course, etc. By finding out these things about a buyer, the agent will have a very good sense of what listings to present to the buyer. Even if the buyer sees a house that they aren’t crazy about, they might be impressed by the amenities that a community has to offer making the house they just saw that much more attractive to them. Their decision to submit a contract on a house may have come down to a biking trail down the street or the tennis courts located in the community center. The right amenities can turn an average house into someone’s dream house.”

Home Maintenance should be a huge factor when deciding to buy.

In some respects, buying a home is just like buying a car or a boat…they all require constant maintenance. Assuming that property taxes and insurance is rolled into the mortgage payment, homeowners still need to take into account several other costs such as HOA fees, landscape maintenance, etc. These extra expenses need to be taken into consideration before making any decisions. Also, when it comes to cost of property maintenance, size does matter, the larger the house, the more it will cost you to maintain. Since the market crash in 2007 people are much more careful about not getting in over their heads financially. These days buyers are more willing to move into a smaller home as long as they know that they will be able to afford it.

Renting can sometimes be a better option.

Renting, especially for young adults can make a lot more sense than buying depending on the situation. We find ourselves in the age of subscription based technology services where a consumer can quickly and easily cancel their membership to whatever it is at any time and move on. Some people use this same mentality when house hunting which is why renting is so much more attractive to them. There’s no mortgage to qualify for and no property taxes to worry about. These people can rent for a while and move on with no strings attached.

About John Conde

John Conde

John Conde Orlando Realtor, Short Sale Specialist, Real estate Investor. He has been buying and selling Orlando real estate since 2004. He is now working as an Orlando realtor devoted to helping people that are facing foreclosure and financial hardship to find solutions to there real estate needs. His vast experience as a real estate investor has enabled him to be familiar with of every aspect of the real estate business as well as a highly effective negotiator.