Hubby and I decided to have a date night, so we ate dinner at home and headed over to TGI Friday's for dessert. We choose there since we had a $10 gift card. Our bill came to $10.05, so we dropped $2.05 cash for two absolutely yummy desserts. After eating so much I told hubby we had to walk it off, so we went to the local outdoor mall to window shop. Pier 1 Imports had a huge sale, so we decided to wander through there and do a little dreaming and drooling. Well amidst that I found an absolutely gorg curtain! It was blue and brown striped, with different sizes and hues. I wish I had a place to hang it, but alas I bought it to use as fabric. Where else can you get over 2 yards are lovely fabris for 5 bucks?
I've mentioned before that hubby and I have the house bug. We have conseded that the earliest we can buy is next summer, and even that may be pushing it. Since we have almost a year we decided to start doing research and learn as much as we can. We have a few friends in real estate, so we pick their brains on occassion, as well as reading up on it.
Here's what we've come up with so far:
- The housing market has NOT improved, contrary to what some may be saying/seeing. The Spring/Summer always leads to an increase of sales, and when that is factored it, the housing market is still following the trend of below average sales.
- It may be a buyers market, but it is also a sellers market. Sellers aren't naive to the fact that buyers are getting $8,000 cash back, so they raise their price to reflect that. So a house that would go on the market for $190k, would be listed as $198k. Deceptive, huh?
- There is a good chance that they might not only extend the $8,000 credit, but may actually increase it!
Here's to saving more money for a down payment!!!
1 comment:
the hubs is in real estate and i've picked up the following (in response to your bullet points)
#1 - absolutely. everyone moves in the spring/summer so their kids don't have to move school districts.
#2 - he's in a rental cabin market so i have no comment on this one - but it sounds very probable!
#3 - the current legislation out there is saying $15K, but there is no guaranttee that'll pass.
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