Market Conditions in Texas>Question Details

Don, Other/Just Looking in Clinton Township, MI

My wife and I are looking into moving to Texas along the I-35 corrridor from san antonio to goergetown. we

Asked by Don, Clinton Township, MI Thu Jan 10, 2008

currently live in southeastern Michigan . I'm tired of all the snow and gray skys of winter,I'm retired on a fixed income so the cost of living is very important to us . The selling of homes in Michigan is terrible . Is this a good time to sell .

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There are plenty of homes between Georgetown and San Antonio. what do you like to do in your spare time: shop, golf, swim, tennis? If you give me a better picture of what you want I could make a better suggestion of which direction to go on I-35. Will you sell or rent your current home? Would the purchase of the new home be contingent on the sale of your existing home?
0 votes Thank Flag Link Wed Dec 31, 2008
They have some cool retirement communites in Goergetown. Sell when you don't need to.
0 votes Thank Flag Link Wed Mar 12, 2008
Before making a decision take a look at Tyler, Texas. 1.5 hours east of Dallas, 3 hours from Houston. Great place to live, retire and fantastic health care, shopping, restaurants and cultural events all with much lower cost of living and the lowest tax rate of any metropolitan area in Texas. Let us know if you have any questions.
0 votes Thank Flag Link Wed Mar 12, 2008
I beg to differ with the person who says Buda and Kyle are less expensive than Georgetown and Round Rock. Price is a relative question, and it is not the only question. I was a Planning & Zoning Commissioner here in Georgetown for 3 years, and I know that affordable housing plays a major role in development here. Even so, you may find in coming here that your money buys a LOT more than it did in Michigan! That has been the experience of lots of folks who are already here.

In addition, Georgetown has been recently rated as the #1 place in America to retire by Retirement Places Rated (a guidebook).

We are worth checking out!
0 votes Thank Flag Link Wed Mar 12, 2008
Buda or Kyle Texas are great places to retire, less expensive than Georgetown and Round Rock. San Antonio is less than an hour away, perfect for day trips.
0 votes Thank Flag Link Sat Jan 26, 2008
Great answers thus far! I can relate to the snow and gray skys because I took a venture trip to Montana and quickly headed back to Texas - lots of sunshine! Couple of questions to ask yourself: How soon do you want to move? If your home sold today, what would you do? If your home doesn't sell, what are your options? I would definitely talk to a few real estate professionals who are familar with the current market where you are and what the projections are for the future. Another consideration, interest rates dropped again...the biggest drop in 18 years...sell now and capitalize on the lower interest rate.
0 votes Thank Flag Link Wed Jan 23, 2008
Because the real estate market is a local one, find a Realtor that specializes in your area. He/she will be able to tell you how your market is doing and how much you may be able to sell your home for. Once you know how much you will be walking away with, you will be in a better place to decide if it's the right time for you to move. But regardless of your potential profits, is it worth your sanity to wait out the market?

I do know that home prices in Georgetown are rising, so it may be worth your while to get out of a flat (or declining) market and reposition yourself in one that is growing. If you need a sounding board or more information on the Georgetown area (Frommer's voted it the #1 place to retire in 2007) , I'd be more than happy to help. Kimberly
0 votes Thank Flag Link Tue Jan 22, 2008
It really all depends on the value of your home and where you stand in terms of the remaining balance of your loan. I don't know how much the houses are selling for in Michigan, but if it's possible to undercut the market and get a quick sale that might be of best interest to you. Especially if you are still able to make some profit on the sale. If you have any questions on the market here in Austin or surrounding cities or areas, my e-mail is I am a licensed real estate agent, so feel free and ask away.

Good luck with your situation.
0 votes Thank Flag Link Fri Jan 18, 2008
I think you should ask your self.... how long do you plan to be there... will you rent it? Do you want to deal with all that.... If its owned free and clear, or if it is still being payed for ... can you support that payment and your new home in texas?????
0 votes Thank Flag Link Fri Jan 18, 2008
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