88% said it was "the best decision they ever made"

Dated: January 25 2020

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Over the years I have spoken with dozens of potential homebuyers who said they wanted to wait for a market downturn before actually buying a home. For obvious reasons, I’m not usually in touch with those people years later, but I do try to keep in touch with my clients who bought a home with my help. They have been unanimous in their positive reaction to becoming homeowners. So, I wasn’t surprised when I came across a survey sponsored by Bank of America that found 93% of people who bought a home are happier than they were when they were renting.

Fully 88% of homeowners asked in the survey reported that buying a home was the “best decision they have ever made,” and their reasons had more to do with the quality of their social life than with strictly financial benefits. Considering the steady increase in real estate prices since the lows of the 2009 recession, it’s hard to imagine that people who chose to continue renting feel that good about the path they’ve taken.

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DAVID DUNLAP

As a residential real estate executive with an extensive background in corporate marketing, I am able to apply unusually strong skills in marketing communications, e-marketing, strategic planning and ....

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