Buyers: Thinking about moving up in house? Let's look at the numbers

While it's true that taking a hit on your home when selling it is not a pleasant thought, let's look at something more exciting:

If you are a "move up" buyer, meaning that you are looking to buy something bigger/more expensive than your current home, this is how it would work out. Using $150,000 for the value of your current home and $250,000 for the value of your next home: