Plenty of life things have been happening in the absence of my blogging. Big ones.
We recently met with a mortgage broker to get an idea of what we need to save/spend in order to end up in our first home. It looks like we have to do it fast. The time to buy in Austin is yesterday, and every few months home prices rise 10%. The market here is saturated in the summer, which is great considering that on average, homes get snapped up within 48 hours of hitting the market and buyers will put an offer on anywhere from 3-6 homes before they actually end up with a place to live. This gives us a better chance of finding something within our budget that we can get in before someone else. Also, our realtor has told us to write a 'love letter' to the home owners with information on us and why we want this home.
Seriously? This is what home buying has come to? It's an inappropriate joke, but it feels like trying to adopt an American blonde haired, blue eyed baby.
All of the home buying process aside, the idea of moving out of our little bungalow is hard for me. Yes, home ownership allows me to do bigger projects that make our home more personal. Yes, we build equity and have a return on our investment. But a starter home in Austin will not be our little urban rental, chock full of character in our ideal neighborhood. It will be a fixer upper miles away from everything we love.
I have poured a lot of love into a rental. I know that may be a mistake, but I have to nest where I land. And so far, this is has been my most favorite nest. My first real big girl house that I've been able to spruce up with my big girl paychecks. It isn't exactly ours, but it sure feels like it. And it sure doesn't feel great to leave it.
Maybe once we see other houses and I combine my own ideas with my Pinterest boards, I can get more behind this idea. Time will tell.