I thought you might want a "local" opinion from someone that lives near the Colleyville area.
The decision to buy a house now or in the future is a big decision and really depends on your personal situation. These questions are strictly for you to ask yourself, not to be answered for anyone else.
1) Your profile shows that you currently live in Mountain Lake Park MD. Why are you moving to Texas? What are you moving for? How long do you plan on living in Texas? When exactly do you plan on moving?
2) Is there a family to consider in your move? How many are in that family? Are you set on Colleyville or are the surrounding areas (Irving, Hurst, Euless, Bedford, Grapevine, North Richland Hills, etc) sufficient?
3) Your profile says you are a "renter", but is that currently or are you planning on renting for a while when you move? How well do you know the Dallas Fort Worth area? Have you actually visited the area recently?
4) How is your credit? How is your debt to income ratio? How much can you afford to buy? Will a change in interest rates affect your ability to buy?
There are so many more things to consider that it would be impossible to list them all.
My recommendation to you is to sit down and discuss some of these questions with who ever will be involved in the home buying decision. Since you are not in Texas currently, you need to look for a REALTOR who can work with you from a distance, can meet with you when you visit, and will be able to digest any information that you give to them and find you the perfect property, either to buy or rent.
If you are unfamiliar with the area, I would be happy to talk to you either over the internet, by phone, or when you come to visit the area and discuss your housing needs.
Please feel free to contact me any time.
Because it's more than real estate. It's RAYL-Estate!
Brian Rayl, REALTORÂ®, e-PRO, SFR
Keller Williams Elite Park Cities