You know what they say about investments - well, besides, “Oh, crap!” Seriously though, something like “Timing is everything” or “Buy low and sell high” may come to mind. In real estate, “location, location, location” is paramount. In the case of our home, a phrase from Get Smart is appropriate...“Missed it by that much.” The house is only 50' from the Eugene School District boundary where we ultimately wanted our kids to attend. With Trevor approaching high school (can that be...) and Hannah starting middle school (what?), it was time to earnestly explore options, the best (and really, the only) being to move into the Eugene School District boundary. With the kids' private school only an option through eighth grade and an already shaky real estate market, the timing seemed right to begin the moving process early in 2008. Projects began at a fevered pitch in the Spring to prepare the house for listing, including finishing the 900 sq.ft. walkout basement. We managed to “Get 'er done” just in time for the bottom to drop out of the market. Yep, if you were looking for the root cause, this might have been the listing that broke Fannie's back. Or was it Freddie's...So now, we continue to wait for that elusive buyer.
You know what they say about investments - well, besides, “Oh, crap!” Seriously though, something like “Timing is everything” or “Buy low and sell high” may come to mind. In real estate, “location, location, location” is paramount. In the case of our home, a phrase from Get Smart is appropriate...“Missed it by that much.” The house is only 50' from the Eugene School District boundary where we ultimately wanted our kids to attend. With Trevor approaching high school (can that be...) and Hannah starting middle school (what?), it was time to earnestly explore options, the best (and really, the only) being to move into the Eugene School District boundary. With the kids' private school only an option through eighth grade and an already shaky real estate market, the timing seemed right to begin the moving process early in 2008. Projects began at a fevered pitch in the Spring to prepare the house for listing, including finishing the 900 sq.ft. walkout basement. We managed to “Get 'er done” just in time for the bottom to drop out of the market. Yep, if you were looking for the root cause, this might have been the listing that broke Fannie's back. Or was it Freddie's...So now, we continue to wait for that elusive buyer.
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