Comments on: Should You Buy and Sell a Home in a Falling Market? https://www.onefrugalgirl.com/should-you-buy-and-sell-a-home-in-a-falling-market/ Earn, Save, and Live Joyfully. Thu, 02 Feb 2012 20:48:58 +0000 hourly 1 https://wordpress.org/?v=6.8.5 By: Anonymous https://www.onefrugalgirl.com/should-you-buy-and-sell-a-home-in-a-falling-market/comment-page-1/#comment-430 Thu, 16 Aug 2007 01:33:00 +0000 http://www.onefrugalgirl.com/?p=243#comment-430 We’re in the same boat as well. In DC, and we would like to sell and move to another part of the county. We think your theory makes sense, our only big concern is that we will give up our 4.8% fixed rate mortgage on our existing house. We’re now looking at 6.25 or more, but at least we have $500k of equity to roll into a new place (we were lucky to buy before the market really went crazy–back in ’97)

]]> By: Anonymous https://www.onefrugalgirl.com/should-you-buy-and-sell-a-home-in-a-falling-market/comment-page-1/#comment-429 Wed, 15 Aug 2007 23:48:00 +0000 http://www.onefrugalgirl.com/?p=243#comment-429 article
I still rent, but I remember seeing advice in Money’s May 2007 issue on this topic. I hope the link works. Good Luck!

]]> By: Anonymous https://www.onefrugalgirl.com/should-you-buy-and-sell-a-home-in-a-falling-market/comment-page-1/#comment-426 Wed, 15 Aug 2007 13:16:00 +0000 http://www.onefrugalgirl.com/?p=243#comment-426 This is exactly the situation we’re in in DC right now, only we didn’t buy in 2001. 🙁 We really would like to sell now because we live in a 2bdrm and have a 2nd child on the way next spring.

While we won’t profit as much from the sale of our 1st home, the housing prices are coming down and there are some bargains to be had, even in the $600k range. We will still have to do some kind of non-20% down mortgage though, but I’m hoping to get a fixed rate one, at least for the first mortgage anyway.

At least we might beat the rising rates.

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