A New House-Decision Coretta Charles Axia College of University of Phoenix July 3 2010 There are many advantages that come with purchasing a home, but before you take that leap there are many economic condition that one must consider before making that financial decision. In this essay we will look at the market structure, marginal benefit, and marginal cost associated with the purchase of a new home. Purchasing a new home can be an exciting experience that comes with great benefits
Words: 1859 - Pages: 8
Week Nine Final Project A New House - Decision Devin Johnson XECO/212 January 13th, 2013 Jaime Medina Purchasing a home is life changing and a big decision. This is a decision I am currently being faced with at the moment. I have been living in a one bedroom apartment for the last two years, but now it is time for a change. My girlfriend and I are expecting our baby to arrive this June. This of course will require a bigger space and moving into a bigger apartment is not an option
Words: 1811 - Pages: 8
Michelle Corniciuc | A New House | Decision | 9/30/2012 | It is always a better idea to purchase your own home rather than pay for someone else’s with your rent payments. Owning an asset in the long run is better than a lease. There are many variables to consider before making your final decision. We as Americans find home ownership to be a valuable goal. Even this year’s national elections are using real estate as one of the most important issues. So, the decision to purchase a home is
Words: 1389 - Pages: 6
When it comes to buying a house the economy is the first issue that one would take in to consideration. Due to the fact that if the economy is bad then it may not be the best investment to take or if the economy is doing well it would be the best road to take. The marginal benefits and cost on the decision to purchase a home would have to consider the changes that might happen in one’s life style. The two elements will play a huge role in buying a new home one would still have to keep in mind the
Words: 375 - Pages: 2
A New House Decision James Wilkerson XECO/212 Prof. Paul March 11, 2012 A New House Decision Buying a house is a decision that can have major consequences for someone if they buy at the wrong time. Purchasing a home is one of the biggest financial decisions that any one person can make. The strength of the economy can give you good information as to when to buy and when not to buy. Timing can be very beneficial for a buyer and understanding how to
Words: 1929 - Pages: 8
A New House - Decision XECO/212 May 15, 2011 Don MacLean Axia College of University of Phoenix Much thought should be given and taken into account on whether to purchase a home. The decision to buy a home is a very big and important step that should be entered into very carefully. A new home purchase is one of the most significant decisions people will make in their lifetime. There are many factors that can affect one’s overall decision to buy a home
Words: 1887 - Pages: 8
Final Project- A New House-Decision Axia College A home purchase is something most people get really excited for, it could be your first time buying a home, perhaps for an investment opportunity, or maybe it’s just the last house you plan to buy for your golden years. For whatever the reason that’s behind your purchase, out there in the land of opportunity, there are economic principles that you should think about during this life changing purchase your about to make. Principles of Economics
Words: 1935 - Pages: 8
New House Decision Your name Class Date Instructor New House Decision A significant amount of time for consideration and evaluations is a must when making a major purchase such as buying a new home. It is vital to properly review all economic and financial standings regardless of whether they are national or individual when thinking about purchasing a new home. The economy plays a major role in deciding whether or not to purchase a new home. A key role is played by the economy when it
Words: 2080 - Pages: 9
A New House Decision Economics 212 November 27, 2011 A New House Decision When considering the purchase of a new home, there are many considerations that must be taken into account. One must look at the reasoning for considering such a large purchase, decide on the timing, what lifestyle changes must take place, and finding a demographic are which will enhance all of these decisions. Take for example that a new baby is on the way and the present living conditions are not acceptable for raising
Words: 1918 - Pages: 8
| A New House-Decision | Heather Chuan | | AXIA College | 11/27/2011 | | A home purchase is an important decision that a person can make in his or her lives. It is a place for the principles of economics to take into account to yield a decision that is profitable. The process requires a comparison of the marginal costs and the marginal benefits. It also requires that a person weigh out the own personal disadvantages and advantages related to this decision. I would take my family’s
Words: 1807 - Pages: 8