Dan and Ted bring up good points. I personally advise my clients that trying to time the market will more often than not make one look foolish. You need to decide on the overall picture and ask yourself does it make financial sense right now and if it does then you should act. The risk reward scenario is not in your favor. Everyone wants to buy low and sell high but that is just not possible someone has to be on the other side of the transaction so like I said before if you run the numbers and it makes sense then act and don't look back! I wish you well and please keep me in mind for any home financing needs you may have.
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