ChatterBank1 min ago
should i sell my house
1 Answers
is the price of houses falling in south wales. is now a bad time to sell?
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For more on marking an answer as the "Best Answer", please visit our FAQ.House prices will presumably fall in real terms as interest rates increase and buy-to-letters with surplus properties find that they can't achieve the rents they hoped for. It really depends on whether you need to move (if so, sell now), or whether you wish to move. If you wish to move, and you can afford to trade up to a bigger or more expensive house, then you are better doing this after prices have fallen. Remember that if you wish to trade up, lower prices are in your favour if you hve th courage to buy in a couple of years when ll the pundits are saying that the slump could continue for a decade.