effect on interest rates on market
hi,
I'm planning to sell my old house to avail the capital gains exception, i have a few months left. My original thought was to wait out a couple more months and then put on the market - hoping to get a better price as market has been going up here and each sale seems to up the base price a bit. It was suggested to me that interest rates may go up soon and this would dampen the market, so better to sell earlier. Do you think this is something i need to factor in to my decision? I need to sell by August and can put the house on the market earliest mid March.
- thanks