It can be said, that 2008 was less than a "perfect" year. Perhaps what we perceive to be so, becomes so. The media reports that the "value" of housing continues to drop. Yet sales in Osceola County continued to rise albeit at lower prices. "Value" is merely a concept- someone's idea of a properties worth.
Regression in the housing market has changed the focus from big, bigger, best to big, bigger bust.
A definite change in perception. If nothing else 2008 has humbled us Americans.
Hobbled by an anemic economy, the American way of living large has certainly become the focal point to not only adjusting how we perceive our self image, but also what are needs truly are.
Absorbed by consumption, 2008 taught us that we can and do now live on less.
Little Will be "Big" in 2009
Smaller homes once rejected for age, size and perceived lack of real "Value" have now become a viable source of recovery housing, for financially battered consumers. Conversely the larger, newer homes in richly appointed communities have become less desireable due to the high cost of Community District Development fees and compounded burdens imposed by Home Owners Association Fees. These combined luxury fees, can cost an average homeowners $700-1000 more per month making the homes economically unfeasible in a receding economy. Americans overall are learning to live on less.
LEARNING TO KEEP AN "EYE" ON FINANCES
The biggest change we are likely to see in 2009- how how American families adapt. They are and will continue to "keep an eye" on
- Wasteful Spending
- Income
- Needs
- Kontrol of their spending (yes I know it is spelled wrong)
- Yearning desire to have money set aside for future use.
They will "watch" what they spend and how they spend it.
Meet "Winky". We adopted this little cutie on Christmas Day. "Winky" is our mascot.
She was the runt of the litter and in need of a loving home.
She weighs 2 pounds and is recovering from surgery due to the loss of an eye in rough play.
She has taught us the importance of focus, and not to lose sight of what is truly important.
Despite her handicap, she is playful, alert, attentive and an inspiration to all who meet her.
Good things do indeed come in small packages.
The same can be said for housing.
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