I have selling FOMO
Looking at prices of condos in my neighborhood has me itching to sell. It's honestly insane what places similar to mine are going for right now. There's a part of me that wants to list my place and capitalize on this market.
But I don't.
Because in this market, selling high means buying high. Someone buys my overpriced condo and then I have to buy someone's overpriced house.
I also currently have a 2.6% mortgage rate. Buying with a rate double that makes me cry. My current mortgage is lower than rents for 1br's in my n'hood. Increasing my mortgage payment by so much, even for a SFH, in this economy makes me nervous.
So here I sit.
Anyone else in a similar situation?