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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bruceleroy1_- who wrote (5378)	9/17/2002 4:23:51 PM
From: MSI	Read Replies (1) \| Respond to of 306849

Too many unknown details to answer, but if it's an affordable improvement, why not. If there's a "bubble" the relative valuation should make it a wash for holding either home, so why not lock in good rates. There is something to be said for getting the home you want, after all. FWIW, I'm doing the same, selling older property (in this case rentals) and building a new primary home. The prices we're getting for the property is better than we had expected when we planned this a year ago. I don't expect the same rate of improvement if we wait another year or two, but even if it happened, so what, we've got what we're after.