If your family is over grown and you need a larger home, it is perfect time to upsize in down market. Here's why.

Consider if your current house is worth $350,000 two years ago at the peak of the market and the house you want to upsize to is worth about $550,000. You will need to pay $200,000 to upsize.

If the market price drop 20% from 2 years ago, your current house is worth $280,000 (=$350,000 x 80%) and the house you want to purchase also dropped 20% to $440,000 (=$550,000 x 80%). You will pay $160,000 to upsize in down market which is a $40,000 saving from the up market.

Buyers save more money to upsize in down market. Therefore, this is the best time for homeowners to upsize since we are seeing 20% to 45% price drop in our neighborhoods.