Inauguration, inauguration, inauguration…that’s all I heard about last week. For good reason – I love it when a young family moves into the White House. The Obama girls are going to have a blast.
On to real estate – years ago, when my hubby and I were searching for our first home, I walked into a tri-level in Richland and said, “This is it!” It had a fireplace I loved, a bonus room for the kids (even though we only had one at the time, I was sure more were to follow), and it just appealed to me – period. Well, I was the only one. Hubby didn’t really like it, our agent didn’t like it for us, and so I reluctantly gave up the dream and half-heartedly began looking for something else. All I can say now is, “Thank Heaven we didn’t buy that house!” Ardell did a great job articulating why I made the right choice all those years ago, in this post over at Rain City Guide.
I guess it’s true – what goes up, must come down. In this article about home sales in California, it’s reported that median price for sold homes in December, 2008 was $278,000, down from $425,000 in the last month of 2007. By contrast, here in the Tri-Cities, the median sales price in December 2007 was $162,900, and last month it was $166,000. I’ll say it again – slow and steady wins the race.
I am pretty sure I’ve posted stories like this before, but reminders are always welcome (especially as I age) – commmon credit score myths, via The Comsumerist.
This is a little puff piece from the Tri-City Herald about potential loans for homebuyers in the city of Richalnd. But the real info about Richland homebuying assistance is here, at the city of Richland’s web site.
Fascinating info about a squabble regarding how to some housing money should be divvied up – wow, I’ve never heard of that happening before!
That’s all for today. Have a great week!
Nice Cari. I liked last week’s recap as well.
Today’s Tri-City Herald news has a great article about the Tri Cities housing market. I thought it to be a great blog entry and thought about you since you are perhaps the only other person in the Tri Cities maintaining a real estate blog! [makes note to self to blog about it as well] 😉
Thanks, Joe. I read that article yesterday. Ingrid did a great job, I thought. I plan to do a post on it later this week. Thanks for the reminder!