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We are considering putting our co-op on the market, but it looks like we will not have 20% down on something bigger in the area we want to live, and no banks are giving jumbo loans with less than 20% (even 15% doesn’t cut it). So, we will have to rent until we can save up some more money. We will be lucky to get out of our coop with our down payment and enough to pay off the realtor, I think.

We want to sell because we have two kids sharing a very tiny bedroom, and it is cramped. They are 1 and 5. But then, if we sell low, and can’t buy low, are we kicking ourselves because the market may turn in the year or two it will take us to save up 20% for a bigger place? Sorry for the rambling… just feeling very confused by all of this and it seems like the market is changing daily.