Huntersville, NC · Member since 2014 · 30 posts · 3 votes
So based on recent comps in my neighborhood, I'm confident my residence will sell at a profit of about 15% from my purchase price- probably more. The neighbor's (similar) house just sold in less than 2 days and the market in my neighborhood is absolutely red-hot.
My question is: what are some ways to capitalize on the market without also chasing the market on the other end when we re-buy? We've thought about renting, but rent prices are also sky-high for obvious reasons. There's obviously very low inventory in terms of foreclosure/short sales. Does anyone have any 'outside-of-the-box' ideas to help us capitalize on the market while not getting eaten up when we buy our next residence?