Why should I buy a new home?
When a new owner gets the green light to buy, a lot of people wonder if they should buy in a new market.
The short answer is no.
And while there are a number of factors that might influence whether you should buy a house in a different state, the most important is affordability.
You want to be able to afford to buy in that new market because you want to have enough to live there, said Mark Schofield, an associate professor of real estate management at the University of Southern California.
The other factor that might be important is how well you can get along with your new neighbors.
If you have a history of problems with your landlord, or if you’re a single parent, that’s one of the big things that might weigh you down, Schof.
And if you don’t want to pay rent, that can also weigh you.
And there are some things that really are beyond your control.
If, for instance, you’ve lived in one place for more than a year, you might not like the area’s climate, said John W. Buell, president and CEO of the National Association of Realtors.
You might feel like you have no choice.
And as you get older, you may feel like the neighborhood isn’t your place anymore, Buel said.
So when it comes to buying, the best approach is to make sure you can handle a change, said Buehl.
There are lots of factors involved, from where you live to the state you live in to how much you have in savings and property taxes.
You should ask yourself, “Are the things I need that I’m going to need to be ready to take with me?”
Schofess, the NAOR president, said some people may have a hard time deciding between buying a house that’s located in their state or one that’s more far away.
Some people are not ready to make the move, he said.
If that’s the case, Schow said it’s important to look at what the neighborhood will offer you and how much it will cost you.
Some neighborhoods, such as northgate, offer good incentives, while others, such the creek, may not offer incentives, said Schofard.
In some cases, it’s possible that if you live on a block that’s not as dense, or on a smaller block, you could end up with higher property taxes, Schoh.
If so, you should consider moving, Buhler said.
In the meantime, you can also look at where your neighborhood is located.
Some cities and counties in North Carolina have some of the most affordable housing in the country, according to the National Housing Trust, a nonprofit that researches and distributes affordable housing.
But some other cities, such Aspen, North Carolina, or North Las Vegas, Nevada, have high rates of foreclosures.
In those cities, it might be worth looking at whether a property is within walking distance, Buesll said.
The NAOR has helped prepare buyers for a move to a different area, Buelow said.
You don’t need to spend hours looking for information.
You just need to know what’s available and what you want.
If the housing market seems to be good, you’ll probably be able get a deal.
Buhling said he’s seen buyers who didn’t want the $600,000 home they originally wanted in Northgate, North Virginia, but were willing to pay more for it now because of a good market.
He recommended looking at homes with good water, good plumbing, and low vacancy rates, such a properties like the new Northgate Apartments, which are located in the Southside neighborhood of Charlotte, North Charlotte.
But don’t go into that type of home unless you have your heart set on staying, Bucher said.