Sunday and Craving a Piece of Chocolate Cake

It's Sunday and it's been a while since I have been here. I have had a couple of comments on my short sale postings so look for an update next week and what has happened. Many changes a coming so in the next couple of weeks you should see a great site here and on WordPress and my website www.TheNeighborhoodAgent.com .

I'm craving chocolate cake so instead I'm eating french fries and blogging. Bear with me got to get through this craving. The fries are from my freezer and are getting toasty and hopefully it will kill the craving or I am going to have to go to Safeway and get that cake.

It's funny because something happened today. I am home alone (doesn't happen often) not wanting to finish out my taxes to get them to my accountant and I opened the local newspaper, The Washington Examiner. This is a local paper with a slight to the right view (I know strange) and there is an article about homeowners going rightside up in 2015. I actually joked about this not too long ago that it would be 2015 before the market improves.

I guess I am tired of the media and their speculation. Yes I am a realtor but there is alot of misinformation out there. The most important thing you the reader must realize is that real estate is Regional. So what is good in Northern Virginia is not necessarily the same in Miami, FL.

Example, read the CNN real estate newsfeed. Their newsfeed is actually frightening. If I was a buyer I would go hide under a rock. But let's understand something that buying a home is a great investment.

I bought my first home in 1983 and it was a 2 family in Teaneck, NJ. As a buyer I didn't know anything about the market and frankly it did not matter. I was buying a home to live in. My husband and I bought the home and raised the rent to market price, got a new tenant and that paid more than 1/2 the mortgage. By the way my mortgage was an FHA - 30 year fixed at the great rate of 13.5%. It had just come down from 18% so it was time to buy.

I think you get my point. It's your home. You buy it, live in it, and hopefully it's your respite. The place where love flourishes. A place you find peace after a long work day. So if the market improves and your values go up then the rest of it is cake! Maybe chocolate cake.

As the volatile market goes my next home was a lose as I purchased it in 1989 and in 1991 the market went in the toilet. I lost a lot of money and well after 27 years, 6 homes later and a new move I am looking for a new home to buy. I'm not going to make the tax payer credit (although that would be nice), and maybe not even get the lowest rates in decades, but I will buy a house (or better yet my home).

It's about what you create. If you work with a good realtor he/she will pull comparables, guide you through the process, and do the best for you as a buyer's agent. Just don't get paralyzed by the media.

Follow your heart or maybe look for that chocolate cake.