Buying A Home
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
how long do you expect to be in your new home?
How often do you move? and why will you move? job, space, family needs, etc?
I'm just curious. We bought this past summer and expect to be in here for about 7-8 years, will then move (sell) because we'll want something a bit closer to downtown and the kids' school situations should be stable.
We owned our last home for almost 5 years and sold when dh got a new job out of state.
you?
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Re: how long do you expect to be in your new home?
I've been in my condo for 8 years. Got married 4 years ago (bought this when I was single) and I never expected to stay this long. Property values kept declining making it harder and harder to want to sell.
We are now looking to buy and (because of the previous situation I was in), want something I'd be happy in for at least 10 years.
When I was growing up, my parents moved something like every 1-2 years, kept upgrading houses/areas. I guess it was a different time when property actually appreciated in value!
We just bought our first home, and expect to live in it at least 7 years. We're childless now, but bought a house big enough to have two kids with a room of their own, but it may start to feel cramped when they get a bit older (or if we go for 3, which I'm not opposed to!)
We're just starting out in our careers and our salaries may very well rise to the point where we can afford a bigger house at that time.
But, I love the house we bought and we may well live in it forever. I'd personally consider adding an addition if we do need more living space.
DH owned our first home for 7 years (I lived there for 4). We moved because we hated our neighbor (she will never move and did not maintain anything), the location (busy road and we were like 10 ft from it), the layout of the yard was not what we wanted and the house was not great for what we wanted for our future family. He bought it as a bachelor when he was young and his needs changed when I came into the picture
The house we moved into will be our forever home. There are only a few steps to get into the house and we could really live here forever. He thought this would be our 5-10 year home but has recently been convinced we could live here forever. We love the location, the size and space, the yard is great and we're renovating the whole thing over the next 5 years to get exactly what we want.
We're expecting to live here for as long as possible. We closed in January. There are things that will be a struggle for us when we're older such as the lawn maintenace and whatnot (our yard is very slopey). Once we're too old to take care of it, chances are we'll down grade to a senior living type of place.
H and I bought our first house last year and we planned it to be a 5-7 year home in price and size. It's perfect for the two of us, 2 dogs and has a little room to grow, but not much. We're close enough to the city to have everything right around us, but far enough out that we have space. Even if we ended up here 10 years it's still a great house for our needs, but hopefully in time we'll move to a bigger space and be there 20+ years. We got a great deal even in the declining market, so I'd like to wait long enough to see equity on our investment.
We'll be buying our first home this next year, and since we're committed to staying in this area, and we're done having children (and only have one), we're looking for our forever home. Cost might get in the way of that, but right now, I see neighborhoods that I would be happy to live in for my entire life, with houses we can afford that meet our needs and can be easily renovated to meet our modest wants.
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DH had his house for over 5 years. Since selling it we've moved 5 times (rentals) until finding the house that we just bought. It started because of a relocation for both of us and then we kept upgrading. Now that we have purchased (close next week) we plan to be in that house for 5-10 years at least. DH says we will live in it forever but I can see us wanting something different eventually.
The house we bought is next to the school DD will go to in a few years and is large enough to grow into. We paid more to be in a certain area so we plan to stay there for quite awhile.
If all goes as we hope with our jobs, then we will be happy here until retirement.
We got a good price on a home in a desirable neighborhood (i.e. it needs updates!) so we will be doing the kitchens and baths and other projects over the next several years.
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After wacthing many friends/family members end up drastically underwater on their "started homes", we agreed that the home we're searching for is going to be our forever home. We're looking in a town with an excellent school system and the home is going to feel FREAKISHLY large at first, but we'll grow into it. We're also buying based on our current income with allowances for savings and future child care/car payments. So future raises will be more of a cushion, not a necessity.
On a less financially-based note, DH's family moved cross-country when he was in middle school and to this day, he vows never to do that to his kids. It apparently left a serious scar!
We bought with no plans to move. No concrete plans to stay forever and ever, but no desire for something else in the foreseeable future.
We've been here 3 years, and that outlook hasn't changed. Our foreseeable future is in this house. I wouldn't call it our "forever house," though, because I think the "forever ____" (house, job, etc.) label is kind of silly. Who ever knows what the future holds?