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Reply to "Sold my house in Frb 2023--the worst time in American history to do so"
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[quote=Anonymous]Sold our house in Feb 2023 due to relocation. It wasn't evident at the time that increasing interest rates wouldn't mean price decreases (yes, it was clear by Spring 2023 but in late 2022/early 2023, sellers were under assumption that prices were going to go down in our DC exurb). I have huge, consuming, nightmarish regret. If I knew then what I knew now, I would have never sold and would have made home a rental. A 2k per month mortgage payment, squandered and gone forever. Proceeds from sale are fine but our course do not have as much value as they would have a few years ago due to rising prices and interest rates, so I feel like I actually made no money from sale, any mortgage payment I get now will be 3k +. How do you all deal with BIG regrets? Looking for advice. If this happened in my 20s fine, but at mid age, I feel so stupid for having to start over on the property ladder again. [/quote]
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