Still Trying To Wrap My Brain Around This

Apparently it’s all doom an gloom still in the housing market. We’re still looking to see what’s out there that we can possibly afford without risking our necks and also feel comfortable living in. Please note in the quote below what is considered the “low end” of home values here. We’re talking about houses, condos, and town homes that are 1,200 to 1,900 square feet.

“Sales are up dramatically,” said Jim Klinge, an agent in San Diego. “There’s a group of buyers that need housing more than they need to pay attention to the doom and gloom headlines we see every single day.”

Many of his buyers are young people who are backed financially by their parents. Mr. Klinge noted that all the sales were on the low end, which in San Diego means less than $500,000.

Record Drop in January Index of Home Prices

We went looking at new construction last weekend. I have to admit there’s a huge appeal to shiny new homes. Especially at these prices. If you’re going to spend that kind of dough, getting something fresh and new makes sense. These homes aren’t complete, so when you purchase you can choose what counters, paint colors, floors, etc. you want. So, shiny and new is attractive, unless you want a postage stamp yard (i.e., a detached single family home). If you want actual land with your house, you get much less interior space or house that needs some work.

One of the realities I am struggling to accept (I have actively resisted) is that we live in an urban area. I cannot recreate the neighborhood in which I grew up. We will never own a house with the size yard that I enjoyed. I cannot do this because it’s just so dense and intense here. Claire is having her childhood, not mine. It’s a fact of our lives that we live an urban existence. I need to find what is good about that for her sake and mine.

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2 Comments on “Still Trying To Wrap My Brain Around This”

  1. acm Says:

    yeah, in the absence of a big yard, we’re developing different relationships with local playgrounds, parks, and even dead-end roads. it’s there to be had!

    🙂

  2. Karen Maezen Miller Says:

    Children are at home in their home. And I thought we would have to move because our garden was a hazard to my child! That’s called a brain wrap for sure.