A quirky mother and daughter take on uber-cool Los Angeles!
Wednesday, June 13, 2012
Disappointed
I'm linking this post to Jenny Matlock's Alphabe-Thursday. Each week we write to a different letter. This week's letter is "D." D is for disappointed.
First off, let me start by saying I know this post is going to sound exceedingly whiny. Many families are having serious struggles right now. They have no hope of buying a house or they have lost a house they loved. I'm aware of this and know I have no right to be in a funk.
But, I'm very disappointed with the housing market. My husband and I are extremely lucky to have a nice-sized house with gorgeous views. However, we were hoping to sell it and get a home in the "flats" that had a big yard with a nice pool. We wanted a place that had sidewalks outside and neighbors with kids for my daughter to play with.
Our hopes were dashed over the weekend when we met with realtors who did not have a good prognosis. Our area is so filled with short-sales that the value of our house is MUCH lower than we were anticipating. There is a huge disconnect between what we can sell our house for and the amount of money we need to buy something we like.
I don't know why this news has hit me so hard, but it has. My dreams of coming home on a 110 degree day and jumping in the pool to cool off are ripped to tatters. And there's nothing I can do to change that.
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The market is really bad here too, we bought two homes in the boom ...thinking we would easily sell one of them ... now we have a tenant and in one and ours has been on the market for a year .... i feel like Cinderella - always cleaning!
ReplyDeleteI am with you on this. I would love to sell our house and move...but our house has lost SO much value since we bough it (which was right before the bubble burst) that it doesn't make financial sense...sigh. It sucks big time...
ReplyDeleteI'm sorry...it's horrible everywhere. We're lucky we can do a refi right now even though I think we'd move to a smaller house if we could. I understand.
ReplyDeletelife, at times, can be so tough ... and disappointing ... it's hard to have dreams broken ...
ReplyDeleteDashed hopes are hard to swallow. Hopefully it will turn around soon.
ReplyDeleteDana
So sorry to hear. I hope things get better soon for you.
ReplyDeleteSame here! Wish we could sell ours for what it used to be worth.
ReplyDeleteThe housing market is messing with me also....
ReplyDeleteI think it will turn around in a few years, but it's hard to wait...
I hope things look up in the housing market before long. So many are having issues around this.
ReplyDelete"/
You realized the market is bad, but how bad it is does not register until it makes a difference with you. I know exactly what you mean, we live in a place where houses are expensive but they are not selling. I would love to sell my house and build my retirement home on our lake but I cannot until I sell this monster I live in now! I hope things will get better for you and me!
ReplyDeleteHow about one of the really nice quick-set pools, just to get you cool.
It is okay to feel disappointed, and it is not whining to do so. Although, right now, you are very discouraged, do not give up. Try to bide your time and let's hope that the economy picks up soon so that you can get that house with a pool in the near future.
ReplyDeleteUgh. Sometimes it's good to do a little whining.
ReplyDeleteI think we are going to face this same problem when we try to sell. I think I will be feeling the same way.
ReplyDeleteMany thanks for stopping by my Alphabe-Thursday post.
ReplyDeleteSorry to read of yr problems - same here in Spain :-(
Look forward to seeing you again soon.
Disappointments have to express and disseminate, in this way it will go very far.
ReplyDeleteYou might have to hold on to your dream for a little longer, but I can relate to your housing problem. My house too is selling for just a quarter of what I owe the bank right now..
ReplyDeleteYour blog is timely and cathartic...
ReplyDeleteDear Cheryl,
ReplyDeleteDo not lose courage. I am sure things will get better. In the meantime, you could compromise. I was watching QVC this morning before work...yes, my wife even has me hooked on that channel...anyway, I saw a spa-in-box that you can put together in minutes. No plumbing or special wiring needed. The item # is F09723 and right now it's on 5 Easy Pay installments of $190.84, but you'll have to hurry if you want it. The Easy Payments go away at midnight Eastern time. I saw the presentation and I think it might be a great compromise until things pick up and what's nice is that you can take it with you when it comes time to move! All the best dear friend!
Your Divine Secrets
I'm grateful we live where we are or I'm sure we'd be disappointed too.
ReplyDelete*love where we are...
ReplyDeleteI keep thinking that some combination of supply and demand will happen to help resolve the housing crisis but, as you point out, so many short sales and foreclosures continue to undermine house values for everyone. I hope your situation improves as soon as possible.
ReplyDeleteI understand. We have a lovely home, and we are so very blessed, but when we considered selling, we realized that we are almost trapped here. It would be financially disastrous to move. :*(
ReplyDeleteI hear you and feel your pain. Perhaps there is a (now disguised) blessing in all this.
ReplyDeleteKeep heart!
Awww Cheryl. I'm sorry.
ReplyDeleteThe housing market is so awful right now. I suspect a baby pool on the back patio won't help, will it?
I keep reading that values are supposed to start increasing, but here in Phoenix we're not seeing it yet.
Could you rent your house out?
I think that's pretty scary, too, sometimes.
I hope a solution to the disappointment finds you soon.
Hugs and A+