Have you been thinking about moving but don't know if the time is right? The opportunity you've been waiting for may be here. Because of low interest rates and government incentives, more potential buyers have been looking around. And since you may qualify for the new $6500 tax credit also, this may be the right time to move on or move up.
Even though you may have to discount your house to sell it, you'll get a greater discount on the house you buy. And if you lose money on the house you sell you may be able to write those losses off on your taxes and put that money in your pocket. The rewards will be much greater on the house you buy, and in the end it will mean more money in your pocket and likely increase your net worth.
Don't let the current housing market stop you in your tracks. Use it for your financial benefit and take advantage of the opportunities that exist for you and your family.
But you won't know if you don't get moving. What's stopping you from putting your house on the market now? If it doesn't sell, it costs you nothing.