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Old Yesterday, 04:11 PM
Location: New Caney, TX
664 posts, read 656,553 times
Reputation: 696


Hey everyone, I live down in the Houston area and am being relocated up to the DFW area in early June '21 (office is in Las Colinas).

My question is, with this crazy market, I'm going to be able to sell my 6 yr old house here for a whole lot more than I expected and will walk away with well over 120K, when all is said and done, which will to put towards another home in DFW (currently looking in the Flower Mound/Grapevine area).

Now the market up there is just as mad, if not madder than the market here in the Houston area. So when we do make the move north, do I just rent a home/apartment up there in the town where we want buy, just pocket the money, put it in a CD for a year, and then start the home search process next year in the hopes that the market madness has ended? Do I start building/look for a home now because the market up there is always fast-moving and the prices could actually be higher next year?

Your input is appreciated, thank you.
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Old Today, 07:55 AM
Location: Grapevine, Texas
10,600 posts, read 22,568,793 times
Reputation: 8439
As I said on your post in the Dallas forum, no one knows that will happen. It’s not likely that prices will drop significantly, if at all. Right now, supply just exceeds demand.
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Old Today, 09:47 AM
1,333 posts, read 438,493 times
Reputation: 773
Investors are ditching high growth,high PE stocks now,but value stocks are being bought,you may want to watch and see.
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Old Today, 07:34 PM
Location: Lancaster, TX
1,602 posts, read 3,626,293 times
Reputation: 2508
Moderator Note: A reminder that cross-posting in multiple forums isn't permitted per Terms or Service. Please continue to assist the OP with your replies and recommendations through the thread in the Dallas Forum. Thank you.
Moderator for the Dallas, Fort Worth, Toledo & Shreveport-Bossier City forums.
Moderator posts will always appear in RED and can only be discussed via Direct Message.
Helpful Links: Terms of Service (TOS) | FAQ Forum | Realtor Advice
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