I get a number of sections of The New York Times Sunday paper delivered on Saturday. Today's headline on the Jersey section is "Trapped in their Own Homes" about people in the area who can not sell their homes. Some bought for a lot more than they now have their homes on the market for, others are stuck in small homes with too many children, others now own 2 homes. I feel strangely lucky not to be in those positions. The worst outcome for us is that Doug will go to Boston without us and come home on weekends.
Here's a link to the article:
http://www.nytimes.com/2009/02/22/nyregion/long-island/22Rstuck.html?_r=1&em
and my home with the real estate sign.
1 comment:
Hi Andrea - just saw your comment on my blog. Thanks for reading! I absolutely love your house and I'm sure someone else will soon, too. Hang in there because I, too, read that article in the NYT and felt very lucky not to have to go through that (btw, we bought our home near the peak of the bubble, so I'm sure it would be worth less today).
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