I disagree. If you sell now, your north home is potentially at the top of the market ($800K) and the interest rate is low, you have "made" nothing as you have not sold your home.
If the interest rate rises, your north home may begin to slip in demand (the more interest rates increase, the less home buyers can afford to purchase) and market value may also slip back.
If the north house in theory is later valued at $750K when you decide to sell, you did not "lose" $50K, you just didn't capitalize on the value at this time. It has nothing to do with your potential purchase in FL. The interest rate may be the same in both places, but depending on when, where in FL and what you buy will determine what you consider a "good deal".
Last edited by Jerseybob; 01-16-2022 at 08:34 PM.
Reason: typo corrections
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