[quote=wanttobuy]Hi all, thanks for all the comments. Now we are in Spring with a supposedly improved economy. Any new thoughts/advice to our situation?[/quote]
Imho, the only question that is relevant to you is….Has your personal economic/financial situation changed so that you can afford two places now? Because if the answer is no, than imho, it’s irrelevant what the rest of the economy is doing….
With due respect, saying you need an IO loan or an ARM means to me you really can’t afford both houses.