this post was submitted on 26 Nov 2024
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Just recently started looking since we want to sell our current one and buy another. We purchased 10 years ago, and after looking up and down the state, the average price increase for all houses is about 200k... so whether it's a 300k house or a 600k house 5 years ago it is now 200k more for both right now. I honestly doubt there was a 17% drop in this state.
At least you get to roll your equity over into the new market, rather than having to enter from scratch.
Not really, 90% of the reason we're moving is because we can no longer handle the debt accumulated and plan to use whatever gains we make to bring ourselves out of it and hope to have enough to at least put down a down payment on something else.