The Craziness that is the DFW Housing Market

Well…here we go again.

ZILLOW

I shared with friends and family on Facebook last week that we had finally found a home.  Well, after much thought, an inspection, and looking the house over a couple more times it just didn’t feel like our “home“.  We decided it wasn’t for us and backed out of the offer.  When we sold our house last May in two days I think we thought it would be a piece of cake to jump into another house.

Easier said than done.  The DFW housing market is a legit war zone right now.  You have to fight for what you want, then make a crazy offer, then once it’s accepted take the steps that most buyers would take BEFORE putting in an offer.  To say we’ve felt pressured or a little on edge would be an understatement.  As much as I truly want a house I don’t want to settle….and that is exactly what I feel like we have to were doing.

I know we are looking in a specific area.  One where homes start at $500K and go into the millions.  Our budget is a fraction of that.  It sucks that you have to be a millionaire to get into a good school district.  The whole purpose of our move was to have more family time together and cut Terence’s hour commute in half.  We have our reasons for sticking to our area and our gut.  We’ve built a life here and Connor has made friends…we’d like to stay more than anything.

How many families are that wealthy to afford neighborhoods full of million dollar homes?  I often find myself wondering that?  Did they inherit money, did they win Powerball, do they have a magic genie I don’t know about?  I mean we make a good living by anyone’s standards.  Are we looking in the wrong area?  Are we being too picky?  I know not everyone lives in this area…but it wasn’t always like this.  Should we move to the sticks and commute for hours and just suffer through it for a cheaper home….maybe?  When a home comes up in our budget it’s gone the same day or a few days after…piranhas.

Also, homes we’ve been bidding on appraised for thousands if not a hundred thousand LESS two or three years ago!!!  How is the market that cray cray right now???  When did the housing bubble blow up this big?  Will it pop again and we’ll be screwed?  Is it just in DFW?

UGH.

Our real estate agent has been a Godsend really and shown us so many properties.  We are incredibly grateful that she is sticking with us through this crazy time.  My ultimate goal is to have a home by Christmas.  Everyone that knows me knows how much I love Christmas and to decorate and all that jazz.

I don’t want to seem ungrateful or sound like I’m not thankful for what we have…because I am in so grateful.  I know not everyone owns a home.  We are all happy and healthy and have a roof over our heads.  There is absolutely nothing to be sad about.  I guess I’m just frustrated and writing is my way to vent.  I am by no means a good writer or even a great writer…but it feels good to get it out.

Anyone else experiencing this crazy market and navigating through the rough waters right now?  If so what are your thoughts?

Home is where the HEART is.  That I do know.

God has a reason for everything and a plan…that I know too.

Thanks for listening. xo Becky