Saturday, September 19, 2009

We Bought a House!

I know that over the last couple of years I have been one of the most ardent bears relative to the real estate market. But I want to share with the small handful of readers that I've got left that as dour as I have been, my family and I just took the plunge and bought a very nice house in Huntington Beach. Nice property, great location, saved hundreds of thousands by avoiding the peak...kids and the wife are very happy.

I may have bought before the bottom, I may have been slightly late. I may be making a great hedge against inflation, I may not be as well. At the end of the day, none of that really matters. I am just happy that I finally get to live in a house and in a neighborhood that I really like and for less than it would cost me to rent. What's not to like?

5 comments:

Richard Stabile Bergen County Real Estate said...

I must say we are feeling we have been passing the bottom also. In Bergen County New Jersey, it is a high end market. The highest side of the market has been hurt the most. the lower side has been hurt but has a constant bid now. The high side must be priced very aggressive to get sold and the extreme high end super aggressive.
However, we are moving homes now.
I hope you do well on your purchase. I think you will!

internationalrealestate said...

Very interesting Real estate blog. Hope it will always be alive! Thanks for this

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Property Hanoi said...

Congratulations! Who cares about the bottom or the inflation if you got your ideal property? Besides, the real battle is in the upkeep.

EPDM Coatings said...

Its great news even i feel the feelings of buying home. Last year i also got a house in Los Vagas and remember that day how me and my family was happy. I just say that congratulations for your new house.

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