It's ironic. There are more homes on the market now in Tucson than at any time in the past, and we can't find a home to buy. We sold our home in May of this year and about two weeks before our scheduled closing we made an offer on another home, which was negotiated into an acceptance and we went into escrow. Well, there were some inspection issues and we ended up pulling out of the deal during the inspection period.
And even though we've looked at dozens of homes since then and can't find one to buy, we're glad that we didn't go thru with that deal. We were rushing into it, wanted to make a move from A to B, and in hindsight it was close, very close, but not quite the right house for us and we went into this deal in April, just before the market here started it's real slowdown. Admittedly we're picky, but still, I'm a real estate agent in Tucson, I know the market and I'm seeing everything that is even remotely possible, and still nothing. Well almost nothing, there've been a couple that I just couldn't justify the price given the current market.
So we're living in a furnished rental, a 3 bed/2 bath SFR with a pool that's very comfortable and in a good location, but we have none of our stuff here except for our clothes. It's like living in a rented summer cottage for what is three months now and counting.
We're getting really anxious to buy. We catch ourselves in the end, but we're starting to look at homes less critically, trying to talk ourselves into ignoring and overlooking things that matter.
We're very motivated buyers, with a lot of pent up demand.
And all the while I'm aware of what's happened and continues to happen in the real estate market, the slowdown in sales and where it's going, keeps me wondering if we should wait. I'm not fence sitting, not intentionally anyway. On the other hand there have been a couple of homes, that had it been last year, we probably would have put in an offer, and probably would not have walked from the one we walked on in the first place.