Wednesday, April 21, 2010

Wednesday roundup

Here's some of what's been happening:
  • I went to the gym today and did 82 minutes on the treadmill listening to Pride and Prejudice. I'm about half-way through the book. Elizabeth is staying with Mr. and Mrs. Collins.
  • C has just finished Little House in the Big Woods and is starting another reading of Harry Potter.
  • D is a pretty confident cyclist and the kids biked to and from the cafeteria to dinner tonight (D says that his favorite thing to do is to bike without training wheels). In celebration of Earth Day, there was a rotating globe (possibly edible), a large two-layer Earth Day cake (decorated with the facade of the Parthenon and a recycling symbol), and coordinated cupcakes. I was impressed.
  • Yet another house is now on the market in the historic neighborhood I watch. It's at $240k. The mid-200s are getting to be a very crowded field in this neighborhood (there's one at $230k, three at $240k, and one at $250k), but this is a 1920s colonial, and I think it may be one of the strongest contenders in the pack. Marketwise, it would be better if we weren't probably buying next year since prices may continue moving down for some time, but we'll have to take what we can get. My husband hates moving and so do I. The sticky thing is that while a lot of even expensive homes have affordable mortgage payments with 30-year terms, if you stick to 15-year loans (which is orthodox Dave Ramseyism), the mortgage payments are a lot stiffer. Not twice as expensive as a 30-year fixed, but definitely out of reach. I love the idea of having a house paid off in 15-years, but we'll be able to do that a lot more comfortably if the right house comes on the market at the right time.

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