agdaddy04 said:
I thought you'd mentioned before you'd never move back?
That's correct.
I simply said the opportunity to get $500k cash has entered my thoughts now and again. I pretty much told my wife I have the most cush job I could ever imagine and paid pretty well for it. I wfh mon and fri from 9-3, and tues-thurs in the office I work 9-4. So I'm not going anywhere. But she hates her job and kept bringing up TX, so I fixed that problem; I convinced her to leave her career. I've thankfully done well and have double my overall compensation in the last 5-6 years, so after going through the numbers we decided we can do without her salary, and I hope to fill the gap within just 2-3 years' worth of my pay/bonus increases.
She just told her boss this week, she's not coming back next school year, it's done.. No more TX conversations!
agdaddy04 said:
Problem is that the house in Spring that we bought in 13 for 350 only appreciated to $380 by the time we sold and moved here in 19. Looked last week and the Zillow estimate is $585. So even with the appreciation we've had up here, seems like % wise it's been worse in Spring/The Woodlands.
Buying a $585k house with my $500k equity makes for a quick mortgage payoff. That's all I'm trying to say. I wouldn't have a mortgage in about 2-3 years.
That TX market may have a higher ~3 year/short term appreciation than up here, but not over the decade. We've gone 2x since late 2012. Your spring house appears to be 67% for same period.
Like I said earlier, it seemed stagnant here from like '17-'20, but we had swift appreciation from 12-16 and again the last 18 months to make up for it.