Why I Am Not Selling My House in 2022
The real estate market is way up, even where I live in Springfield, Missouri. We've seen a 16% increase in median listing prices in the past year, along with a 35% decrease in available listings.
I bought my home seven years ago in a different market, where there were plenty of houses to choose from at rock bottom prices. So, you can imagine how much Zillow (NASDAQ: Z) wants to pretend my house has gained in equity (but we've seen how well that's going for the company...).
On the surface, it sounds insane that I'm not planning on selling my house in 2022. Or ever, really. After all, why not recapture all that sweet, sweet equity?
Source Fool.com
