briansereno.com

On July 22, 2005 we became first time homeowners.  Five years later, while the real estate market has slashed the value of our home over 40% since the time of our purchase (not exactly what we had in mind, but such is life when you buy at the peak that precedes a historic collapse), I nevertheless have a hard time looking back with any kind of regret.  All things considered, we’ve been through far worse.  Each night I can rest assured that I have a roof over my head, a corner of the world to call my own, a first home that we’ll always remember, and the security of knowing that while we’re ‘under water’ on our loan (owing more on our mortgage than the appraised value), we’re far from in over our heads.  Considering the plight of hundreds of thousands who have been forced from their homes during this seemingly endless downturn, I can’t in good conscience lament my situation.  I am one of the lucky ones.  This market will bounce back - and until it does, I’m content with my situation.  All I need is my loving wife to share a home with, and everything else is gravy.  Like I said, I am very fortunate.  Happy 5th birthday, condo!

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