POV: It’s a buyer's market. Teenager county than my service area has seen more than a 10% growth year over year in the last two years. Additionally, interest rates have been so low that buyers are paying on principle from their first payment. Massive increases in equity while simultaneously paying down the principle doesn’t sound too shabby. ⠀ Also, take into consideration the next baby boom that will be occurring. In five years, there are going to be a ton of families who want to move into larger homes, or houses with a different layout, because they’ve added to their family. I personally know at least four people who are giving birth in the next three months! ⠀ Sellers, don’t despair! When you sell your current home take that equity, and roll it into a new purchase for you as well as an investment property. Or multiple investment properties! You won’t lose potential equity by selling now if you make that equity work for you. ⠀ Additional interest rate increases are coming. Are you going to miss out? Prove me wrong.
Sellers, don’t despair! When you sell your current home, take that equity and roll it into a new purchase for you an investment property.