If you’re thinking about selling your home, the prospect of house hunting in this seller’s market might be stressing you out a bit, so I wanted to throw this strategy out there that I’ve seen quite a few clients use recently: The Sell-Rent-Buy Later Strategy.
Really, this is what it says it is. People are selling their homes, stashing that profit away in savings or the stock market, and renting temporarily while they wait for the market to cool a bit. Yes, rents are up, but it’s a lot easier to jump from a rental to a home than sell and buy at the same time, especially in this market.
Sell-Rent-Buy Later is a lower-stress way to sell your home and make sure that the next property has what you want at a price that works for you.