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I’ve been looking at properties. I hate everything. After over a dozen tours of different homes all over the area, there is nothing I want to buy. The investment pool in my area is tiny. Many banks have decided to hang on to foreclosures and release them a little at a time. Limited inventory drives up demand and inflates prices. Good for the economy and the bank’s books, but not for buyers who were hoping to take advantage of the foreclosure glut. Everything needs work. Even places that have been redone need work, but many of these homes aren’t priced to reflect the work actually required. I’m not scared of a little hard work, nor do I lack vision, but nothing inspires me right now.
It’s finally time to direct the energy and resources to another project, a major renovation in the woods. When I get back from Coachella, this remodel is officially on.