Since my rent is going up by $300 per month in August, I’ve started house hunting. This will be the 4th house in just over as many years. First my housing crisis-related foreclosure, then 2 years in a shabby bungalow in Old Brooklyn, currently 2 years in Ohio City where I moved because my girlfriend at the time wanted me to be closer; she dumped me 2 weeks before the move. It’ll be nice to get away from a place where I could stumble across her or her parents at any time.
Now; who knows? Normally I’d have to rent again, but my mom, with her baby boomer financial stability, is willing to help me own a home again. This is humbling, but appreciated. I’m very worried that this is the wrong time to buy. When I first purchased in 2007, the market crashed a few months later. I’m tired of having to move and try to stay somewhere good & affordable. A bankruptcy/foreclosure on my credit history + single income + child support + not being able to claim my child on my taxes makes it hard to get ahead of the ball.
My boy thinks that it’s normal for us to move every two years. And for him it is. I’m motivated to find a nice home that we can both stay in for the next decade.