Answer by Mike Scott for When is it better to move - before or after a...
Prices are not the only issue. After a bubble bursts, it can be very difficult to sell at any realistic price, and so you can be stuck where you are while watching lots of affordable properties that...
View ArticleAnswer by user26460 for When is it better to move - before or after a housing...
One way or another, you are going to experience the difficulty of the market. When a market is up, there are usually more buyers than sellers. That's what's driving the price up. This shows in how...
View ArticleAnswer by JeopardyTempest for When is it better to move - before or after a...
I'm no financial expert, but one other thing I'd think deserves a bit of consideration is which end of the process that will be tough.When the market is high, you'd expect ease at selling and challenge...
View ArticleAnswer by Bert Haddad for When is it better to move - before or after a...
The trick is start renting before the bubble bursts, then move into a house afterwards. Both of my parents did that and it worked out quite well for them!
View ArticleAnswer by Joshua for When is it better to move - before or after a housing...
If you think you can actually pull this off, the best move is to detect bubble, sell, rent, wait for crash, buy. But you probably can't.Let's put it this way. I detected the 2008 bubble in 2004. For...
View ArticleAnswer by user78478 for When is it better to move - before or after a housing...
Do some research on the previous bubbles and see which areas recovered faster Some of the things that prevent a market from dropping too much is the school district. More recently is the walkability...
View ArticleAnswer by Seattle Part-Time Broker for When is it better to move - before or...
For most people, most of the time, the issue is qualifying for the mortgage, not the price differential between the old house and the new house.The problems is that periods when prices go down are...
View ArticleAnswer by Aganju for When is it better to move - before or after a housing...
If you sell and buy around the same time, the market situation (hot, cold, before, after, or no crash) is of little relevance - it just affects the size of the numbers on both contracts, and about the...
View ArticleAnswer by Nuclear Hoagie for When is it better to move - before or after a...
Tricky choice, but there's a couple of things to consider. You said you plan on upgrading to a more expensive house, so you might save more on the new house post-bubble than you'd lose on your current...
View ArticleAnswer by D Stanley for When is it better to move - before or after a housing...
If you're moving up in house in the same area, it's better to wait until the alleged bubble bursts, since bubbles affect higher-prices homes more than lower-priced homes. You could also sell now and...
View ArticleWhen is it better to move - before or after a housing bubble bursts?
My husband and I currently own our home and are looking at upgrading to a bigger house in the next year or two. The housing market right now in our area (US East Coast city) is doing really well, and...
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