I just got done showing a home to a first-time home buyer, a single father and his three little girls. There are many things that we take for granted, and this one little girl helped me to remember those thing in order to appreciate them again. In an economy where many are complaining about their home values declining, this 6 year old little girl can really put things into perspective.
As we toured the home, she would point out things about the house and comment on them. As we entered one bedroom, her father asked if she liked it enough to be her room. “My own room? Like all mine, no one else would share it with me?” she asked. “Yes, your own room sweetie” answered her father. “I don’t like the color to be honest dad” she stated. “That’s OK, we can paint it any color you want” rebutted her father. “Really? We can paint it any color I want, like bright pink?”. “Yes”, replied dad. “Wow, I have never been able to do that before, this will be awesome!”
This is a family who has never owned a home before, they have always rented. They moved from complex to complex, apartment to apartment, and they have not had the freedom to paint their walls!
The little girl continued to get excited as we went through the home. “The tree in the backyard is kinda spooky”, she stated. Her father then explained that they can take the tree down, after all, it was “kinda spooky”. “Wow, what else are we allowed to do?”, she asked. We then explained to her that this would be their home and they would be able to do anything that they wanted to make it theirs. The boring real estate agent in me then stated, within township rules and ordinances, but yes, anything you want!
By the time we left the house, this little girl’s eyes were as big as saucers, and her mind was going a mile a minute! “I want to decorate the front yard…with sea shells, so that it reminds me of the beach. And put up a swingset, and pretty lights for each holiday, and…” She went on and on giving us the details on her interior and exterior design plans. Let me tell you, she had quite an imagination, something that most buyers today have failed to implement.
This experience really made me appreciate all of the little things that we take for granted being homeowners. So what, there is a little down turn in the market. Being in real estate for so long I can tell you this: the next “low” in real estate will not be lower than the previous “low”, and the next “high” will be higher than the previous “high”.
So if you are on the fence about purchasing your first home, and whether or not this is the right time, just think about all of the things that you are sacrificing by not owning. Something to call your own, paint the walls, make it yours! Grab your piece of the American Dream because the best time to buy real estate is not spring, summer, fall or winter, it is and always will be, today!