Monday, April 28, 2008
Wow, it's been quite a while since I last spoke about this subject. It's nearly the end of April and our house fund continues to grow. Yay! We've done extremely well with our savings plan and are currently at 45% of our goal -- way ahead of schedule! Originally we were thinking that we would like to begin looking for a house in March or April of 2009; as it stands right now, we're thinking that we'll begin looking in earnest in September/October of this year. The change is due, at least in part, to the fact that we are way ahead of our schedule in savings, but also the fact that housing prices have been coming down at a pretty phenomenal rate. It's both an exciting and frightening prospect. Neither of us has ever bought a home so we've been trying like mad to educate ourselves on the subject. There is so much to learn! The nice thing for us is that, to date, there has not been one offer on the house we're renting. Again, YAY! Because the rent is so incredibly low (at least for our high COL area), we'd really like to be able to stay there - and moreover, paying the same rent - until we actually buy our home and move. Keep your fingers crossed for us!