Homeownership is an amazing privilege

Happy New Year to everyone.

It seems like a short 40 years ago I obtained my real estate license. I have to say how blessed I have been and what a wonderful career choice it was.

All of us who live in this Valley have seen the good, the ups and the downs that have occurred here. We comprise some of the kindest, hardiest, most resilient individuals in the United States.

The real estate market has changed in those 40 years, especially in the technology arena. Buyers today can house hunt 24/7, 365 days a year.

Social media has become a staple in marketing and in obtaining our news and in obtaining information in regards to mortgage rates, insurance quotes, crime rates, school information and the list goes on and on. The world has become smaller and smaller.

Whether we think this is good or not, it is now the norm. I recently finalized a purchase agreement with a buyer who was on active duty in Kuwait through digital signing. From no internet, no fax machines, no email, no scanners, no cell phones, technology has changed how we market your home to potential buyers, how buyers obtain information in regards to finding their dream home and information on remodeling your existing home.

But through all of this change, the one constant is the ability to own your own home. Homeownership is such an amazing privilege. Homeownership creates a connection to community, helps the owner establish roots, and to build wealth and helps them create memories.

Whether interest rates are 4 percent or 21 percent , which they have been in the past, from variable rates to fixed rates, the dream is to own your own home.

May the new year bring you health, happiness, prosperity and a new home.

Marlin Palich is the 2019 president of the Warren Area Board of Realtors.


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