According to Zillow, my house in TV has gone up slightly in value since I bought it 4 1/2 years ago. Recently (last 30 days) it's up 1%. It seems there is a slight upward trend in the Zillow price chart recently. (of course, there was a HUGE bubble between then and now that has disappeared). It was never worth less than what I paid (again, per zillow.com)
But it doesn't matter to me as I have no immediate or even distant plans to sell.
If the home you are selling and the home you are buying are both moving in the same direction, it almost doesn't matter when you sell/buy. If TV prices are trending up, and your old home is trending down, it may make sense (if it's possible) to buy in TV and sell the old home when it has trended up.
Personally, unless you're speculating and wish to sell your TV home anytime soon, I'd say now is a good time to buy.
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