Buying a house during a housing slump

Not sure how or why this happens, but my husband and I seem to be bucking trends lately.

At a time when the housing market sinks to new lows (this MSN article cheerily concludes the slump is far worse than you think) and foreclosures continue to rise, we have bought our first house together.

That’s right – we’re doing our bit to revive the U.S. economy! Who’ll join us?

All kidding aside, this step has been both exhilarating and scary.

We’re taking on significant debt and a host of new responsibilities, but at the same time we have planned for paying back the mortgage that, God willing, we can comfortably afford at this point in our lives. And interest rates have rarely looked better.

It’s breathtaking to look around a house and think, I own this place. Or to be technically correct, I own a percentage of this place.

Are you a homeowner, and if so, do you have any house care and maintenance tips for us? We’re fired with ambition to do everything right from the beginning. Lofty goal, I know, but better to aim for a goal and miss than hit nothing every time … 🙂

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About multiculturalmarriage

I'm glad to be part of a multicultural marriage! I grew up in the U.S. but am married to an African husband. This makes life challenging, creative and cool - all at the same time!
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2 Responses to Buying a house during a housing slump

  1. Congratulations! Enjoy your new home! We have owned our home for many years and the only advice I offer is this: everything is pretty easy to maintain until you have children. They have been very rough on our house! Some day they will grow up and move on, and then we will remodel and refurbish everything to its previous state of niceness. Until then, we have the happy and lived-in look 🙂

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