If market goes down and you upgrade, then you are better off, because the difference between your old and new house is smaller.If you downgrade, you lose, for the same reason - the difference you pocket is smaller.
"I have found that actually thinking for myself works the best..."AMEN!Besides: "prices are rising" != "prices are high""prices are falling" != "prices are low"(for the non-geeks, != means "does not equal")
"I just don't want to ding our credit for another pre-approval that would be at a higher rate."AFAIK, any number of credit history checks within a certain period counts like one, so that people are not penalized for shopping around.And no, I do not think I would change my lender just to make a seller happy. Not in this market.
"...we update our Zestimate (see 30-day change) every month." A-HA! No, you don't :-) Sometimes you update every week (and reportedly this is your goal) and sometimes it takes much longer. I recall two month with no updates not too long ago. In other words, the updates are unpredictable. That's why I would love to get an email whenever there is a Zestimate change.
There is nothing wrong with looking at the past. Absolutely nothing - as long as you are looking at the entire "past", not carefully choosen two-three years of it.
Yep... the whole bubble helped few and hurt many. And in a long run, expensive housing is bad for EVERYONE. It's like having your taxes doubled. Yeah, consumer spending will surely soar when everyone has to spend 50% of their income on mortgage payments.
if i sell at a lost and buy low...
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