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Real Estate Glossary

What is Trading Up?

Trading up is the opposite of trading down, it is the process of selling a less expensive or smaller property and purchasing a more expensive or larger property. This may be done for a variety of reasons, such as an increase in income, a growing family, or a desire for more space or luxury. Trading up allows the homeowner to move into a more desirable or luxurious home, enjoy more living space, or invest in a more valuable property.