Just in case any of you thought I knew that our prices would decline as they have, I want you to know that no-one I know had this knowledge. If they had, or if I had, I would have told you. We bought at the peak of the market and our housing value is in the same boat as many of my reader’s home values. Consider this:
- Historically, American home values are the best long term investment.
- Historically, Americans stay in their homes an average of 7 years.
- In some ways, our houses are like stocks market values. They are what they are. You cannot sell your stocks for less than what they’re worth, period.
- We’re in America, the number one nation on earth. If you bought at the peak, consider relaxing, enjoying your home, and wait that 7 years. Our area has been identified as the number one area expected to rebound in terms of housing prices.
I hope you’re having a fabulous summer and that you’re enjoying the fruits of your labor!