Move Up Buyers

There are studies out there that Move-up buyers are entering the market, they are now saying "You know what? I have some equity in my house".  Negative equity is shrinking as prices are going up.  I feel a little bit more confident about housing right now.  They are thinking "Maybe I shouldn't wait to move up to that house of my dreams.

Why are these people moving forward? Well we can see that 49 perce say that they want a significently bigger house.  17 percent say they want the same size, they just want to live in a different neighborhood in the same town.  8 percent want the same size, but a nicer home.   Three percent are looking for a same size but more affordable.  Some of these sellers are moving across the country for a different job.

 Next we are going to the financial considerations of the move up buyer.

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