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While the answer to this basic question is as individual as you are, here are some things to consider.
Generally speaking, under most market conditions, real estate professionals advise listing your present home and shopping for your new home simultaneously.
Nonetheless, you should talk to your Realtor about your personal situation, so you can consider how fast you need to sell and how long you should expect it to take in current market conditions.
If you have very specific criteria – like location, size, views, age, etc. which could lead to a time-consuming home search – you should consider finding and buying a home first before you sell your existing home. If necessary, your offer to buy a home can be contingent on selling yours. On the other hand, if you sell first, you can make your sale dependent on finding a home to buy.
There is also the option of negotiating a Rent-Back from the Buyers, allowing you additional time to find your next home.
Steve Lincoln and his Lincoln-Realty-Group staff can help you consider the effect of other factors like interest rates and consumer confidence in the economy.
Why not have all your questions answered by a Steve or one of his associates who specializes in your local area? Just Click Here to be connected with Steve and his staff or Call Steve Now at (877) 692-8427.