I sold my house in a rural area at the end of 2019 and then signed a contract to buy my condo in the middle of a big city right before the covid quarantine started. I think I would have been significantly better off if I had waited six months to do both those things, but such is life. At least I have my low interest rate…
Bought a fixer upper in June 2020 from a couple way in over their head. Zillow’s estimate puts me up 38% from my purchase but with everything Ive added/built/fixed, I think I could double the price if I wanted to sell it- cool house in a now popular neighborhood. Doing well, I guess.
We sold our rural starter home in Dec 2020 and made a decent profit, which we used to move back to the city in June 2021. We definitely overpaid on the purchase price (not a lot of choices in our housing market), but our rate is good and the payment is doable, so I think it was a good decision.
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