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Real Estate
Reply to "Trading up houses: is cooler market better than hotter market?"
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[quote=Anonymous]I think it's kind of a wash. I sold and bought in a pretty hot market - late spring/early summer of 2011. For me the cost of that was storing my stuff for 6 weeks, living with my ex during that time and paying to move twice. (into storage and out of storage.) This was because my house sold really fast and when we did finally find a good-enough house to buy (and didn't get outbid), they wanted a closing that was 6 weeks after my buyers. The other risk is that if Bethesda is hotter than DC at the time you sell/buy, your sale price will be lower relative to your purchase price. But that's hard to predict. [/quote]
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