When I was in the first year of the New Year, I bought a house. It was just a year later when a friend of mine decided she wanted to buy another house. I knew I should have bought the house the first time I lived. In fact, I did. It was a great house, and I’ll always carry the house on my hip. But I wanted to keep it.
I wanted to keep the house because I was in it, and the house was the perfect place to be. I still have that house, and I’ve lived in it for six years now. I don’t know whether the house will last that long. My friend has since moved, and I haven’t bought another house.
It’s a sad, but true truth. The average lifetime of a house in the U.S. is between six (the average number used to be five) and seven years (the average number used to be six). Even if a house is sold, the original owner may not be around to enjoy the momentous change, or the current owner may not want to share the momentous change. Even when new houses are built, they are usually not for sale.
If your house has been on the market for more than six years the realtor is not going to be able to sell it, and the most likely reason is that you’re just not looking for a new home. That is why it is common for people to buy a house at the bottom of the market, and then sell it off or upgrade it during the years between buying and selling. During this period, you can expect the house to increase in value, and it might even appreciate.
But what about a new house that’s been on the market for over a year, and has already been renovated? If you wait until the market opens again, then its value will be much smaller, and since its exterior and interior are unfinished, it will look like a “new” house.
The problem with this method is that it’s a very rare occurrence. It only happens with houses that have been on the market for more than a year, which is why most people buy a house at the bottom of the market and sell it off, or upgrade it during the years between buying and selling.
This is why most people buy a house before the end of the market, so when the market opens it is already very valuable. The rare chance that someone will get rid of a house before the market opens is a huge reason why they tend to keep a house on the market for a very long time.
In fact I think our new house sale happened about a year ago. It’s just that we don’t know how many people are interested in buying the house. We are only a few months into the process so we’re not even sure if we should sell it. It’s really a question of time vs. money. We bought a house this year because it was under construction and we bought it because it was a bargain.
I actually think we should consider buying a house just to make sure we can afford it. It is one of the top 5 most difficult decisions you will make in your life.
The actual issue is that some of our more interesting people are really good looking, and they aren’t always as good looking as the rest of us. We may have too many of them, but they are still some of the most interesting people we’ve ever met.
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