Things are finally looking up in our quest for our first home! In a few short months we will be the proud owners of this beauty!!
Let me start with a little background on our home search. The housing market here has been insane! We started looking in the beginning of October, with hopes of being in our new home by March 31st. We quickly learned that this would not go as smoothly as it does on all the home shows on HGTV. First off, right now in our area of California it is a seller’s market. Interest rates are low and home prices are starting to turn back up at a rate of about 15% over last year. The increased demand to buy right now is only hindered by the lack of available properties on the market. This shortage has only gotten worse the last few months with homes selling in under a week. CRAZY. So far we had found 4 homes we liked and put offers in on, only to be crushed each time we did not win the bidding war. It is hard to compete with cash investors snapping up the few homes out there.
In all this frustration and turmoil, we have finally had a beacon of light shined upon us. After going out to lunch last week, my Uncle called me to let us know they are considering selling their house. This house is exactly what what we were looking for; 3 bed, 2 bath, open concept, updated, immaculately cared for, great neighborhood, near parks and near a good elementary school for the future. After discussing it a bit more over the weekend, we came to an agreement and we are starting the process of buying our first home!! It is going to be about 5 months before we move in to give them time their new home to be built, but I could not be more excited for what the future holds. Expect to see planning and mood boards coming soon as we start planning out how to make our furniture work in the space and make the house our own.