I own a small house in a desirable market (a nice part of Seattle)

>>1065601
what buble lol
600k in Seattle? wtf areu living in
go to a fucking countryside for 200k

why would u fucking sell a house in the buble?

>>1065608
Profit

>>1065608
Bubble is the place to sell a house. That's when you get the most of it.

What makes you think that your next house is in the 800k range?

Usually going from trendy expensive in town to bigger houses in the burbs it's cheaper, not more expensive

Which neighborhood?

Sell it.

Increased interest rates and slowing technology profits will make the bubble burst.

I would suggest to get out if possible. Also, put the extra money in the markets with focus on US stocks and developing nations (India, western africa), maybe 5% in gold.

You will be able to retire a lot sooner by getting out of this bubble. I would wager that firms will look to other nations, as the next China and look to industrialize, so India and Western Africa are prime targets. If you get lucky, you will become very wealthy, so I would avoid getting any bigger of a house than you need.

>>1065651
Also, India is highly leveraged in commodities so wait for the prices to settle.

I expect to maybe open a large position in 1-2 years in Indian markets if conditions are ample.

>>1065639
The suburbs I'm looking at (Redmond, Kirkland, Bellevue) all have pretty large tech company presence, so their housing markets are pretty strong relative to Seattle. It is definitely possible though that I could find something that fits my needs for much less than $800k. That number is really just the most I'd feel comfortable spending.

>>1065645
Wallingford

>>1065651
If I'm planning to buy again after the bubble crash (which may or may not happen?), I don't know that I want to dump a bunch of cash into the markets.

There are supposed to be over a million new people living in Seattle proper by 2040.

I would personally hold onto it. Especially if it is a desirable neighborhood close to downtown in a historic area.