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Forum nameGeneral Discussion
Topic subjectThe market is so tempting to sell...but I don't want to buy at
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13391698&mesg_id=13400458
13400458, The market is so tempting to sell...but I don't want to buy at
Posted by soulfunk, Fri Aug-21-20 10:08 AM
the inflated prices. We have a little over 100k in equity in our house right now because of how inflated the market is. We could sell and then have a really nice downpayment to upgrade, but I don't know how much sense it would make buying a house that also has an inflated price. That being said, since we wouldn't be selling that new house for decades, and the interest rates are so low, maybe it doesn't matter if the price is inflated right now?