Can house swapping relieve the pressure of selling in a bad market? I was interviewed for a Fox TV story that has run across the country, which talked about the need sellers have to unload their properties so they can move on with their lives. Apparently, house trading is becoming very popular on Craig’s List and House Swapping sites have become more popular. One of these sites, TradeMyHomeNow.com, is getting thousands of views and has dozens of single-family houses, lots, commercial and investment property listed for trade.
House trading or house swapping seems simple: You pick out a house that seems promising and offer up yours in exchange. With a house swapping site, you could even see how a 3-way or 4-way trade would be possible.
Watch Ilyce Glink’s Comments on a recent Fox TV story on House Swapping