Moving…need to buy a house…wait?

My plan is to move towards the west coast of Florida where housing prices have sky rocketed, I suppose like the rest of the country. I plan to sell my overpriced house in the next 2-3 months, but I’m scared that I am going to basically going to be trading an overpriced house for another overpriced house only for the market to stabilize and lose equity. Not to mention I’ll probably be taking a stupid interest rate. My question is, what is the less risky move here? The other option is to either rent and wait out the storm or live with inlaws until everything has settled. Thoughts?

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

My plan is to move towards the west coast of Florida where housing prices have sky rocketed, I suppose like the rest of the country. I plan to sell my overpriced house in the next 2-3 months, but I’m scared that I am going to basically going to be trading an overpriced house for another overpriced house only for the market to stabilize and lose equity. Not to mention I’ll probably be taking a stupid interest rate. My question is, what is the less risky move here? The other option is to either rent and wait out the storm or live with inlaws until everything has settled. Thoughts? submitted by /u/me_z [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!