7 Signs It’s Time to Buy a New Home
We’ve all had moments when we’ve sat back and imagined a different daily routine. Perhaps we dream of waking up alongside sandy beaches or living down winding country roads. Maybe we imagine less time spent cleaning or mowing the yard, a shorter commute, or access to better recreation opportunities. Whichever direction your imagination takes you, your odds of making daydreams a reality are likely better than you think.
A new home offers a fresh start in a new community filled with opportunities for relaxation, growth, and better alignment with your lifestyle. How do you know it’s time to buy a new home? Join Eastbrook Homes as we break down a few surefire signs it’s time to take the leap and move into the home of your dreams.
More or Less Space Desired
Are you growing your family or adjusting to life as a new empty-nester? Changes to family structure are common, popular reasons for expanding or downsizing your home. Whether investing in cribs or dorm furniture, the last thing anyone wants to focus on during major life events is whether or not their home can accommodate new, evolving needs. Get ahead of too-tight spaces and empty-room housekeeping chores by taking an honest look at your square footage needs and exploring home options that improve your quality of life for years to come.
Nothing beats a solid community and network of like-minded families in a friendly, beautiful neighborhood. Finding the right community for your family can be challenging, especially when moving to a new area or state. Luckily, Michigan offers a delightful blend of both small-town charm and exciting, diverse cityscapes and urban metropolises. West Michigan and the Greater Lansing Area host Eastbrook Homes communities filled with amenities, nature-filled home sites, and opportunities for lifelong friendships. We invite you to drive through our collection of custom hometowns to decide which community speaks most to your unique values and needs.
Our lifestyles change as life unfolds. A young family, for example, prioritizes space to grow, play, and learn. As they age and kids leave home, household priorities shift toward more low-maintenance living options, less space to keep up with, and more opportunities for traveling and relaxation. A homeowner typically stays in their home for an average of 13 years before finding space that better accommodates their changing lifestyle and maturing priorities. Celebrate your growth with a home that captures who you are and allows you to make the most of your time, experience, and progress.
Skyrocketing Rental Prices
Affordable rental options are a thing of the past as American rent prices skyrocket beyond the average cost of a monthly mortgage payment. Rental prices rose a record 11.3% in 2021, putting intense financial pressure on both new and seasoned rental families. The current rental market leaves many families seeking better alternatives to high-priced, variable rental agreements; these families are finding home ownership offers the affordability, flexibility, and stability they’re looking for.
Eastbrook Homes offers a number of affordable single-family, townhome, and condominium home options. Our preferred lenders know exactly which loan options work best in today’s housing market and guide homeowners through the home buying process with experience and ease.
Investing in Your Future
Purchasing a home is a great investment in your future, especially when compared to renting. Homes offer the opportunity to build equity, realize appreciation over time, and maximize your net worth. The average American home appreciates over 14% in value year after year, making a home purchase a solid way to earn a sizeable return on your investment over time. Home loans build credit and provide low-interest lending options that are more manageable and stable compared to rental costs. A home loan also looks fantastic on a credit report and helps provide proof of financial responsibility as you progress toward your financial goals.
Location, Location, Location!
Are your ideal-life daydreams filled with sparkling shorelines, tree-filled forest hikes, or red barn landscapes? Perhaps you seek a shorter commute, better access to award-winning schools, or nature trails and parks located within walking distance of your home. Buying a new home is a great way to build a life in the location of your dreams. From bustling, excitement-packed city avenues to quiet, calming country roads, your home is intended to provide a sanctuary from the chaos of everyday life. Stop dreaming of greener pastures and start taking steps to secure a life (and home!) you don’t need a vacation from.
Upgrade and Customize Your Living Space
Ready to upgrade your home and enjoy the comforts of living in a modern, custom space designed with your needs in mind? A new home allows both new and experienced homeowners to spend less time worrying about maintenance and more time enjoying their families, friends, and homes. New homes make life easier and more affordable with smart home technology and eco-friendly living options. Save time and money spent on costly repairs by building a new home made with low-maintenance materials and customization options guaranteed to help you relax and unwind after a long day. Always dreamed of owning a home with a fireplace, loft, or open floor plan? A new home can make those dreams a reality and provide your family with joy, peace, and wellness for years to come.
Eastbrook Homes understands the unique, evolving needs of our homeowners and we proudly offer a number of customizable home styles to suit every lifestyle. Whether you’re looking to live in a small town or a bustling metropolis, our communities offer incredible amenities in fantastic locations throughout West Michigan and the Greater Lansing Area. Connect with an Eastbrook Home Sales Agent to learn more about our customizable home plans or explore our building process through Eastbrook University’s animated video series. Together, we’ll design the perfect home for your family and ensure you get more home for your money.