In their minds it's a good bet, figuring the current buyer frenzy should make it easy to find someone to take the first house off their hands. Well, maybe not. The real estate climate is slowly returning to normal and even softening a bit.
Interest rates are higher than they have been for some time.
But there are tactics a buyer can use to avoid getting stuck with two homes. First, take a casual look at what's available in the desired location, condition and price range to see if buying or staying put makes more sense, says Jennifer Ames, an agent with Coldwell Banker's Hancock Center office. This is a change from years past. Before, people looked first and shopped for financing afterward. Third, consider a number of strategies, all with pros and cons.