If your family is growing or working from home has made condo or starter home feel a little cramped, now may be a good time to upsize. Interest rates remain low and, while there isn’t an abundance of inventory, higher-end home can often be had for a bargain.
Of course, selling your current home for the right price might be a challenge but renting it, at least temporarily, might be a good option.
Finally, given the uncertainties of the current economy, it makes sense to be a bit cautious. However, if you can afford it, this could be a perfect time to upsize.