Our recommendation remains the same.

If you are interested in investing in real estate long-term, now is the time to be actively searching for properties to buy:  There is little competition, so bargaining is easier.

If you plan to trade up there is not much risk, if you stay in the new property for a while: Selling your current property for less will be offset by the lower price on the new, bigger property.

If you have always planned on finding a second home, for vacations or for future retirement options, prices in desirable locations are returning to reasonable levels. We do not recommend trading up or buying a second home if that is going to stretch you financially.

If you have been preparing to do so, starting the property search now makes a lot of sense. I can help with that, especially in getting you pre-approved in a tough lending environment (planning ahead is critical today), and connecting you with other real estate advisors.

Further Questons? Feel free to ask here, or call!