Question of the day: Will you move in 2011?
My daughter is sick and I'm exhausted, so I'm going to ask you all to talk amongst yourselves today. Here's a question to chew on: Do you plan to move this year, either to switch rentals, jump from renting to owning or sell your home and buy elsewhere?
If so, why?
If not, are you happy where you are or staying put for other reasons?
The last question of the day got you all discussing whether you had any plans to buy or sell a home during the holidays, typically a low point for sales.
Wonk reader Brian said then that he was taking a break until spring because there was nothing for sale that he wanted to buy. And he shared his frustration about all the economic and market uncertainty: "It's tough to even pay fair market value when prices are potentially still falling. I worry about losing the great interest rates by waiting but I worry much more about overpaying and then taking a loss if I need to sell."
SZ was about to take a break as well -- from trying to sell -- "when out of the blue buyers who saw our house in August gave us a contract a few weeks ago. So now we are selling and buying in mid-January. We'll be packing during the winter holidays and settlement is scheduled for our son's bday in January. I didn't think it would happen now, and it will be hectic, but we're happy to have it!"