Every
once in a while I go on some of the real estate websites to see if there is anything
new on the market in our area and how much people are asking for those
properties. In one regard this is simply a habit that started a few years ago
when we were still in the process of finding our first house. Now it is more of
just trying to see what the market is doing around us now that we have found that
place to call home. In some ways what I am seeing is kind of surprising but at
the same time it is an expected trend that I started to see develop during
those initial months of searching years ago.
When
we first saw our home come on the market we knew that we had a tremendous
opportunity right in front of us and we moved fast. It was meant to be as
earlier in the week a deal that we had on another property fell through. Since
the day we signed the last of the mountain of papers and accrued a new mountain
of debt, I have watched the market slowly rise and the inventory evaporate.
While much of this can be attributed to the season, it isn’t the whole story as
this particular market did not react the same way in previous years.
Now
there is nothing on the market and prices continue to climb even faster than I
had expected based on the market evaluation just prior to settlement. Heck, in
a matter of months it may get to the point where we would have been priced out
of the market had we not found our home when we did. It has been a great
feeling seeing the hard numbers both for the obvious financial security but
also because it shows that we were right in selecting the growing community in
which we now live.
And
that second half of the equation is the most important part for me as we are
not in this for the financial gain… we purchased our home for the permanence
and potential of never having to move again. This is now our home and our
community and we were lucky to have found this property when we did because I
don’t know where we would have ended up had we waited for another year. As I
watch the market continue to develop and rise, I doubt that we would have been
able to find the space, the land, or the price that we did when we found this
house.
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