Thursday, February 23, 2012

Home Sweet Home

So I'm writing this down so that I can come back in a years time (or so) and see how things have changed.  I know things will work out but man am I stressing.  I don't have a timeline but the clock is ticking on when I will have to move.  When I was looking for an apartment all those years ago the big challenge was figuring out where I wanted to look not knowing the towns and neighborhoods being a newbie to the state.

Now, there are no apartments.  What happened?  I guess it was the housing market crash.  I vaguely remember hearing on the news that there are a lot more renters now.  Didn't worry me as I was comfy, nestled into my sweet digs.  Now, I'd kill for any of the apartments I looked at before settling on this one. 

And then there is the housing market.  At least there are some of houses on the market.  But living in a big metropolotin area means the prices aren't cheap.  I could afford the mortgage/taxes/insurance on a bunch of nice places, but it's the downpayment, that is the kicker.  I've done the math forwards and backwards, and nothing.

The thing that I'm stresing about is that I have no plan, no back-up plan, nothing.  Initially I thought, find a new apartment, won't be as nice, but that's ok.  This would be my back-up plan as I look into purchaing a place.  I've run a ton of scenarios and now I wonder, how do people afford to live in this city.  I know it will all work out, just like it has in the past, but I feel like any of my options is moving me downwards and backwards.  Frustrating.  Little did I know how much I was taking for granted my little home sweet home.

1 comment:

Amanda said...

Yikes, housing is my biggest stressor at the moment, too! I want to refinance, but have lost SO much equity in my home that I might not be able to. So whereas you have to get out, I am totally stuck/ trapped! I feel for you - trying to find a decent apartment can be really tough. Fingers crossed that just the right one will come along. Maybe you'll luck out at the end of May, when students want to sublet, and then you can just stay on in the fall?