Asked by Rob, Buda, TX • Sun Dec 21, 2008
I will laid off here in Austin at the end of January job will be moved to Dallas. I just purchased a house DEC 2007 in Buda. It is in a fantastic neighborhood Cimmaron Park 1626/Leisurewood (78610) area. The planned toll road is set to built within 1 mile of my property. I know that this is a highly desirable area and in light of the Real Estate bust it may not be the best time to sell. I am in a position to commute back and forth with relative ease (work for an airline) but the question is this: Should I sell now and purchase in Dallas being that both markets are in a modest slump (even proposition), Commute and sell when the toll road is complete, or sell in a year or so when the fall out is complete. All of that being said; if I purchase in Dallas do I put the house under contract with contingency of the sale of this house? This proposition makes me nervous being the market is a bit soft. (That and I don't want to settle for less than the value). Thanks for your time.
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