I own a home in a currently non distressed area and I want to buy in a currently non distressed area. Housing prices for both are down a similar percentage; assuming I’m buying a more expensive and larger home, am I’m coming out ahead? Not as good as selling in non-distressed (say down 3%) and buying in distressed (say down 18%), but still…
Is there anyone who should buy/sell right now? I’m in a position where I am a few months from paying off my mortgage, and need a different floor plan for my family and plan to live in my next house for 10 years at least. With housing prices continuing to drop for the next …. whatever you believe…. what market position is best for a buyer/seller such as myself?
