Quote:
Originally Posted by FlyingScot
Hi Susie,
If you're going to need to buy again, you might want to be careful with this idea. I agree that the market is crazy, but that does not mean it cannot become even crazier...
If you jump out of the market for a year, and prices go up during that year, you may not be able to back back in where you'd like.
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Thanks, FlyingScot.
I’ve had some health issues and I am moving back north. Prices where I am are sky high still, but my daughter bought a home recently in Maryland and although she was in a vicious bidding war over several homes for almost a year, ( and ended up spending $100,000 over the asking price to get her home.)The market has finally slowed down. I am seeing some very good prices. My realtor says that they are going through a correction.
I know my house will sell quickly and I can always move in with my daughter for awhile it if I don’t find the perfect house for myself immediately.
Thanks,again!