Beautiful Homes Losing Their Appeal
In the past, people bought beautiful homes just because they were in love with them. However, nowadays people learn their lessons of buying above their budget. Since this financial and stock market crisis, people have taken a more conservative view.
If they were to purchase a new home, it must not only have good resale value, be in a good neighborhood, but must fall well within their budget.
Simply put, if they cannot afford it, then forget it even if it is the most beautiful home they ever laid eyes on. Beautiful homes are losing their appeal to homeowners or investors. Resale value and affordability count more.