Reality

We’ve found a couple of great houses in our area that suit all of our needs. The problem is that these particular people are just now figuring out what all this recession hubbub has been about. I think it’s natural to feel somewhat disconnected from the news if you don’t know how it applies to your life. Here are the facts: You do not live in a bubble. Your home is not the magical untouched property that did not lose value in the recession. Everyone’s home values have dropped in a mind-blowing free fall. The house we put an offer in on dropped in value over 7k in the past 30 days. They’re asking 389k, but the comps say it’s worth 299k. I think the wisest thing to do at this point is walk away. We need to pick our battles and convincing someone they’re that far out of touch with the market is not our job. Sad…

Oh well. Next fabulous house, we hope to find you soon!