*this is your primary home, versus a pure investment
*you spent an extra $13,600 for a lot more home
*it’s what you want
*you’ll probably pay a little more prop taxes (because your base is higher) than your previous home
I think you will look at it right now and in the future as getting a lot more home for the same price, irrespective if the home price comes down further.
You bought what you wanted, you can afford it, it’s not an investment. You didn’t spend that much more than what your original home was worth when you sold it. Even if home prices were to fall say 50% more (doubt it, but who knows), you’re in no worse shape than if you kept your first home……So…
So no, I wouldn’t consider you to be a knife catcher.
You can’t put a price on personal enjoyment. You could live and save to wait for a lower price, get hit by a bus the next day, and have all your money go to uncle sam, to bailout other people….That would suck, wouldn’t it? Therefore, don’t look back…Enjoy your new home.
