Edit: we already have a buyers agent/realtor in Katy. I neglected to state that up front. We are looking for a mortgage lender. Also we are definitely buying and not renting.

Shooz in Mizzou is changing to Shooz in Katy!

All of our kids want to go to A&M and my wife is done with her trial of living up here by her family. Kids are currently 9th, 8th & 6th grade so we planned a few months ago to do this timed with the end of this semester.

Sooooo.......

We're selling our home here, but should we look to buy right away in Katy or should we rent and watch the market?

Rates, inflation, looming recession (?), Saudis taking Chicom Yuans instead of dollars for oil, what's it all mean?

Is it wisest to buy now or rent/wait?

Also are there such things as home rentals where you're not locked into 6 or 12 or 24 month contracts?

(And yes if we're buying, we'll need a mortgage lender - this will be our 4th house - big bank lenders are garbage - I'd like a smaller broker who's an Aggie )

Don't try to time the market.

TJaggie14 said:

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Houston is full, have you tried El Paso?

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I thought Katy was a suburb of San Antonio.

I remember in 2016 when i was house shopping my bro in law that knows everything betting me all he had a housing crash was coming and i was an idiot to be buying.

I am in agreement that Housing appreciation will continue at a pace of 10% or more. I also believe the Fed will continue with more rate hikes and they have now signaled selling off mortgage bonds, so mortgage rates will continue upward this year. The historically low mortgage rates may have passed, but in reality, even 4% yo 7% would fall below historical norms of the past 30 years. I have funded a number of mortgages for Red Pear customers and would be happy to help. We can even help you buy your Katy home before you sell your MO. Home. RPM-MTG.com/bbazar.

one MEEN Ag said:

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Katy's full. Your options are now Fulshear for suburbia, Simonton for expensive farmland. Cane Island or Elyson is also available for those who want to risk living above I-10.

If you're gonna work in town, there's some newly remodeled homes along fry that now legally don't have to say those new floors they got in 2017 are from flooding.

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Preach.

one MEEN Ag said:

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Katy's full. Your options are now Fulshear for suburbia, Simonton for expensive farmland. Cane Island or Elyson is also available for those who want to risk living above I-10.

If you're gonna work in town, there's some newly remodeled homes along fry that now legally don't have to say those new floors they got in 2017 are from flooding.

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El Campo, Needville, Wharton, and Sealy are also good options. Start there.

I am a lender with over 35 years in the biz. I would be happy to provide assistance. Contact me and/or get
no cost preapproval apply online at rpm-mtg.com/bbazar