Should we sell our current home before we retire, or wait until we are ready to buy our downsizing condo?

Great question Nora. This is a situation I handle consistently for my clients looking to buy and sell. What I have clients consider regarding this topic would be if you hold off to sell until purchasing a new home, how will your contingent offer effect the probability of you securing your next home? If you were to decide to sell and buy at the same time, do homes sell quickly in your market, or tend to sit for 1+ months on average? A strong consideration would also be what selling first could save you in negotiations on your future purchase, why you may ask? Let say you are buying a home, with a high down payment, and no contingent offer addendum sellers may be much more negotiable in the overall price you pay for the home. Another consideration is you have more leverage to tour at your own pace. More money + less contingencies + no rush of time limits of securing your next home (under contingent paperwork)= More leverage.