Offer your thoughts or opinion on the input financial query or topic using your financial background.

Can I buy a new house before selling my current house?
If you can qualify for two mortgages, this is certainly possible.  For this you can talk to a banker. However, most people do not qualify for two mortgages so they go a different route.  They make offers on a new home with a contingency to sell the existing home.  A good Realtor will walk you through this and any possible side effects. Keep in mind that the more contingencies in an offer the less attractive that offer is to sellers.  This is how cash buyers can get a better deal (no contingencies and a very fast close).  Given the hotness of your market a seller might reject your offer as opposed to first time home buyer that does not need to sell an old home.  On the other hand, they may see your contingency as low risk as the market is so hot.   This is why you probably need a really good agent.  They can frame the contingency in a very positive light.