To my American readers– Happy Mother’s Day! And virtually the rest of the post has nothing to do with Mother’s Day…
Earlier in the week, a property came on the market that is an excellent candidate for the Net-Zero-Energy-Use Home conversion project. It is in an ideal location. It is a good shape and size for my project. It is distressed, so has a low asking price. I made an appointment to tour the property. And while I was waiting, I read a news story that unemployment in the United States is nearing 15%. While I was touring the property, my real estate agent got a text from the listing agent that she had already received multiple offers for the property over the asking price and that if I was interested, to submit my best offer by midnight.
I thought about how I had counselled all of you, just last week-that this is not the time to make big changes. I thought about how the housing market may change drastically in the next 12-18 months due to the large amount of unemployment. I thought about how eager I am to get started with this project……and then I let the property go.
I’m a little sad about it, but overall think it is the best decision for now.
Then, I went for a walk in the park to cheer me up.