sell now AND buy now: does it matter?
If a sell my house and just break even a lose a bit... and then I buy a house nearby that is sold cheaply as well... does it really make a difference?
The common advice is:
"This is not a good time to sell a house."
Really? I mean, if you are going to buy another house, won't the losses from your sale be absorbed by the next purchase?
My home is very cheap, so if I sell it at a 5% loss and buy a 300k house at a 5% loss... that sounds good to me!
If I wait for the market to improve... selling my house at a small profit, then I am forced to buy the next guy's house at a similar profit.
There doesn't seem to be that much of a difference.
What am I not getting?