is it a good time to trade up. I own my house and would like to buy a newer house in wantagh, ny

Profile picture for franoreck
is it a good time to trade up my 1 family house in Nassau county, ny
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October 17 2011 - Wantagh
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Answers (6)

Profile picture for SCV ReMax Realtor
It is a great time to buy right now. If you can swing it and qualify I recommend you keep your current house right now, rent it out, and buy another house.

If not yes I think you should trade up before interest rates go up in the near future.
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October 21 2011
I agree that now is a great time to trade up in our area.  Interest rates are at an all time low and there are so many houses on the market, I'm sure you will be able to find a good deal.  I suggest you find out what your house can sell for and what houses are selling for in the area you would like to move too.  It's always good to weigh out your options.
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October 21 2011
Profile picture for BartGabe

Will you be able to carry both mortgages?

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October 18 2011
Profile picture for the_country_hick
It is always a good time for a realtor to get a commission.

If you asked a car salesman if it was a good time to buy a car you would always get a yes reply.
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October 18 2011
Now is an excellent time to trade up for a new home. I am a Realtor for Century 21 American Homes and would be glad to meet with you to discuss the current market conditions.  Feel free to contact me at [hotlink removed by Zillow moderator] 
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October 18 2011
I would get with your Realtor to see what your home will sale for now. They can do a CMA for you and give you some idea what you can expect. Every market is different. If you in fact don't have a Realtor there, use yellow pages or google to find a Realtor there. They are glad to assist and then from there you can get some idea what homes in your market selling for. As a buyer, you will want to know too. Thank you for your question.
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October 17 2011
 

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