Is Now The Time To Buy For The “Move Up” Buyer?
Yes, according to an article from MSNBC. “The results of a Coldwell Banker study showed a “move-up” home, bought by someone who wants a larger place to live because of lifestyle changes, has become more affordable.”
I feel that many homes are more affordable depending upon where you are buying. If you have to sell your home now to buy a larger home you will get less money for your current home but you will also pay less for the home you are buying. If you wait, yes you may get more for your current home but you will end up paying more for your new home.