How risky is it to hold off selling until end of the year? (Ohio)

Wife and I were planning to upgrade this year and weren’t ever too worried about the market because if we were paying high we’d also be getting a higher price for our house.

After looking for a bit we decided to build with Fischer Homes, and have been told we’ll be moved in by the end of the year. We’ve put down a % and will close shortly before moving in, and will owe the rest at that point.

Ideally we’d put our house on the market about a month before we move in. With growing interest rates though I’m starting to get nervous prices could fall and I’ve now locked into my new home at the height of the market and will be selling on the downswing.

I could sell now and move in with parents until then but I really don’t want to do that. I’ve got small kids. We’d have to move everything twice.. it all sounds like a nightmare.

submitted by /u/steelbydesign
[link] [comments]

Wife and I were planning to upgrade this year and weren’t ever too worried about the market because if we were paying high we’d also be getting a higher price for our house. After looking for a bit we decided to build with Fischer Homes, and have been told we’ll be moved in by the end of the year. We’ve put down a % and will close shortly before moving in, and will owe the rest at that point. Ideally we’d put our house on the market about a month before we move in. With growing interest rates though I’m starting to get nervous prices could fall and I’ve now locked into my new home at the height of the market and will be selling on the downswing. I could sell now and move in with parents until then but I really don’t want to do that. I’ve got small kids. We’d have to move everything twice.. it all sounds like a nightmare. submitted by /u/steelbydesign [link] [comments]

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