I am starting to get really nervous about starting the house. Mostly because of the economy.
The best time of year to sell a house is May. I guess most people move when kids get out for the school year, which makes sense. But this year--not sure that will matter. We were shooting for being able to put the house on the market in late April. But as a one income family, we (mostly I) am dragging my feet about starting to build the dream home. I am afraid that if D loses his job (no rumblings of that yet, but still I am a nervous nelly) we would be in a bad place. One mortgage plus a construction loan plus a house that may not sell for some time is a really bad place to be.
I watched Obama's speech yesterday morning. At first (and you know I'm not a fan of his) I thought, does he realize he's not campaigning anymore? Because to me it sounded like a campaign speech. But then as he talked about all the government spending I got a little nervous. I simply don't see where all the money will come from. I'm not an economics major, though. But then the clincher was when he said it will likely get worse before it gets better and that it could take years to come out of this. I hope that he is just trying to pave the way for making his administration look good, hoping that it will bounce back and he can take credit. And of course if it doesn't he can keep blaming the past administration. (PS I hope it's not an omen, but the DOW dropped over thirty points during his speech--again not an economics major here.)
I pray he succeeds, well I don't care if he succeeds, so much as I hope this country does. And I do so for selfish reasons. I want my dad to retire and not loose all his savings. I want my four-year-old to start school in the district we plan to build in. I want to sell our house at top dollar since we've been paying top dollar taxes for years. And I really really want to build this dream home we've been planning for two years.
Friday, January 9, 2009
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