Quote:
Originally Posted by mswlogo
Wow. We are thinking of retiring to our house in NH. Problem is, it isn't built yet. A friend suggested we sell now and rent with the hot market. The thought of that makes me crazy. I thought our home in MA was worth $400K-ish (bank appraised it for $425K about 3 years ago I think). A 1970's Split with a new attached two car garage, in ground pool. 0.5 Acre. It has owned Solar too. About 15 miles west of Framingham. Good schools. Park and school walking distance. Maybe it's worth a lot more than I thought.
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Those who have the next place bought or being built should consider selling now and renting.
Once interest rates climb the prices will begin to fall.
Job losses will accelerate the price decline.
You will likely get the highest price if you sell now.