I may put my house on the market to enjoy the glasses of people screaming for more than the price I ask for.
I will definitely not sell because then I have to move, which means I have to pay someone else more than the price they are demanding.
That’s Catch-22 in the hot red hot market market area – if the price of your home skyrockets, so do others. You can sell high but surely you will not buy low.
Of course, buyers will not listen to that. I know I never did.
We had a very bad form of the current market when we last bought a house in 1993. There were no demand wars as there are now, but there were contract wars. We lost one, and I am still thinking about the house that escaped. It had a nice closet space.
But recently we found another one we love. In the measure of love, we did not see the flaws in the house during our exciting pursuit. It was too late – say half an hour after the arrest – we started to have a second thought. Why don’t we notice the decline in the family room carpet? Is there something buried there? (No, it was a really bad job, which I almost improved after 27 years.)
I had three houses. In any case, I thought I would die if someone else got them first, and later I realized I didn’t like any of that.
It occurred to me after we bought the first one that I really had to buy a yard. I loved the freedom to dig holes in the ground and to plant things that did not require permission.
But at home? Very difficult, very upset, and very demanding. Externally, you can work miracles with annual house and some mulch. Inside, every development is expensive, can not afford roogaaga form or you can change the value of trees, decorations exhausting half.
After each home was purchased, we felt we had fallen into poverty near the loan repayment scale. Then that would be easier and we would start to narrow down the available space.
The second house had a basement, a great desire for all of us. The third one had one and more bathrooms than the second, which seemed a must at the time.
Now the kids have grown up and gone, if anything, we have plenty of space. If we hadn’t moved now – and we haven’t – it would be a small place. But, wow, would it come with great value.
Joe Blundo is the author of Dispatch columnist.