This may be the best time in years to trade up!

Home sales are up 66% over last year, making it easier to sell your current home.

Some homeowners will be able to keep their current property and rent it while they wait for the market to rebound.  However, most people will need to sell their existing home and the news is getting better.  According to a report in the San Diego Union Tribune, Southern California home sales were up 66% from October 2007 to October 2008.  Prices are down, but that is good news for you.

Home prices are down.

Unhappy that home prices are down?  Don't be if you want to trade up.  Although you won't get as much for your current home, you will be able to buy for less. 

For example, if prices are down 10%, you might be down $30,000 on a $300,000 condo, but would save $50,000 on a $500,000 house.  It is better to move up when prices are down than when they are up. 

1. rents are up.

2. Interest rates are fantastic - BankRate.com has reported mid 5% for 30 years and some lenders are under 5%!
    

    

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1. Need a bigger home for your expanding family?  Some larger homes are selling at fire-sale prices!
    

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2.