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Came Close to Making an Offer

January 10th, 2009 at 08:43 pm

We've had a couple of days of marathon house-hunting. Came pretty close to making an offer on one house, but didn't. Went so far as to bring blank contract papers home with us. Of the *gazillion* (only a slight exaggeration) houses we have looked at, it is the one we have liked the most ... and we both like it equally. Very pretty house, nice size, perfect number of rooms. It is also a pretty good deal. Problem is, we're only lukewarm on the area (DH kind of likes it, I kind of don't). That's why we decided to hold off.

We had put our Austin househunting on hold when we were leaning towards San Diego (which is still a possibility BTW), and so when we started looking around here again after many months off we were pleasantly surprised to see that the builders have started taking serious price cuts. The "Oh ... the Austin market isn't affected by the national housing downturn and won't be" arrogance that we had run in to previously is GONE. Another thing that we are noticing is that some builders are starting to build NICE, smaller houses, which is a change here in the "Everything is bigger in" state and one that we welcome.

The other housing market tidbit is anecdotal evidence that the housing market bailout may be working in some instances. Months ago, we looked at a short sale home. At that time, the owners had moved out. We contacted the listing agent and found out that after receiving several lowball offers, the bank decided to work with the owners and they have moved back in to the house.

I'm tired. For me personally, househunting gets exhausting because it is so intense. Do you guys feel the same way? The last 2 nights we were so tired we did not want to cook and ended up going out to dinner. Thank goodness for the Olive Garden gift card we got for Christmas and the BOGO coupon to IHOP ... And to Ms. Koppur who gave me the idea of IHOP for dinner! (We learned that IHOP for dinner is great because there is hardly anyone there.)


5 Responses to “Came Close to Making an Offer”

  1. whitestripe Says:

    i feel the same. this week has been our first week of househunting, and yesterday we went to three open houses and drove past a dozen more. it's exhausting and i am sure i've done only a fraction of what you have.

  2. koppur Says:

    LOL Glad you enjoyed your IHOP dinner. Smile
    I get the same way when apartment hunting...exhausted, frustrated, depressed that we can't afford what we want and what we can afford stinks. Hang in there, though. Something will come along to make all this hunting worth it!

  3. gamecock43 Says:

    Relax and enjoy the process. I only went in like 10 houses total before it was over for me. I am sad house hunting is over.

  4. lartiga Says:

    I think you were wise to hold off if you are not 100% happy with the area. You've probably heard the expression about the three most important things to consider when buying RE: location, location, location. Good luck with your future house-hunting!

  5. scfr Says:

    You're absolutely right, Analise, and your post made me chuckle because when we were discussing the house in question I used those exact words (location, location, location) to my DH ... And he in fact has said the same words to me about a particular house I liked!

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