I’m feeling excited, but not acting. Starting to plan the next move, but planning to have it happen 1-2 years out. Will be my first sell since 2017/18.
What is helpful for my mental state is that I have numbers that I wrote during the bottom of the bear saying when I would allow those life improvements and what small amount I would peel off.
Agent perspective on housing right now- I think the market is stronger than most think because of the same reason buyers don’t want to buy (rates). Sellers don’t want to let go of those low rates either and inventory is low. 60% of homes have mortgages and many people with those mortgages refinanced under 4%.
I think right now is a great time to buy because you won’t compete with as many other buyers in many price ranges. If you finance, you can refinance if rates drop again rather than waiting and having to pay 250k over list price because everyone else will also be a buyer if rates drop.