I guess by now it must be clear that our interest in the nice little house in Fort Collins didn't result in a trip out there last week. The realtor we work with there had a look for us, and his report back lacked some enthusiasm - lots of updating to do, like a new roof for a start. I guess there was a reason that it sat on the market for over a month and the similar place across the street that was offered later at a higher price sold first.
So it was back to just being here and waiting for something to happen. Wondering if the whole idea of going to Fort Collins is flawed in some way(s), or whether we should just finally commit to something and get on with it. Of course, doing nothing and remaining here in the rental is a decision and commitment of some sort. But as long as we may pull out and move on in a few months it makes it really hard for me to look seriously at long-term employment in the Bay Area.
I wonder sometimes if my strong desire to own a house is in itself a problem. One thing's for sure - if we do want to live in a house that we own, it doesn't make sense to try that here. The new rental neighbors across the street just sold their house in San Jose and are looking for an Alameda house. They report that the minimally adequate places in the $700,000 - $850,000 range all need a lot of work, and are still routinely being bid up $50-100,000 over the listing price. They bid $50,000 over on one and were not even among the top three or four offers. Yuck. Not a fun way to look for a house. And Pat and I looked at the McMansions going up a few blocks away, which were all in the million-dollar plus range, with $3,500/month mortgage and tax payments forever - with a $400,000 down payment!
The buying frenzy here has sucked up all the inventory in addition to driving prices to absurd (and probably unsustainable) levels. Fort collins has a little over 50% greater population than Alameda, but maybe twenty times the number of available comparable middle-class homes, and at prices a third to a half of the Bay Area market.
So we continue to look at the Fort Collins homes in the mid-two hundreds, where it seems we find the most pleasing features regardless of price. The big hangup really seems to be the job-roulette. Will we find work that is satisfying and provides the all-important health insurance benefit? Can Pat keep his job here for long enough to get us ramped up there - or maybe long-term?
Meanwhile, I have been called back to work for a few weeks at the place I was a contractor for six months recently. I was really getting used to the time off, and look forward to having it again. As luck would have it, I came down with a nasty cold right when I had to begin this Tuesday. Doesn't make for any more pleasant associations going in there every day...