Buying A Home

3 Questions to Ask Before Buying Your Dream Home

3 Questions to Ask Before Buying Your Dream Home

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Ask yourself the following 3 questions to help determine if now is actually a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.

For example, a recent survey by Braun showed that over 75% of parents say “their child’s education is an important part of the search for a new home.”

This survey supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the four major reasons people buy a home have nothing to do with money. They are:

  • A good place to raise children and for them to get a good education
  • A place where you and your family feel safe
  • More space for you and your family
  • Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Home Price Index from CoreLogic, home values are projected to increase by 5.3% over the next 12 months.

What does that...

Current Homes for Sale
Horry County
City # Price Range
Conway 632 $37k - $1.3m
Garden City Beach 92 $50k - $2.4m
Little River 188 $75k - $1.1m
Murrells Inlet 336 $30k - $4.0m
Myrtle Beach 1251 $18k - $4.2m
North Myrtle Beach 338 $45k - $2.7m
Surfside Beach 163 $95k - $2.3m
New Listing

Email Alerts

Subscribe Today!
Mortgage

Calculator

Get Started!
Contact Me

Phone / Email

Reach Out Today!