I moved from Phoenix, AZ to Fort Worth, TX in August of 2019. Had my house in AZ on the market and when it went under contract I signed a contract to have a home built in Fort Worth.
Thankfully I got a 2.75 interest rate, and the house is by new grade school and a booking area of Fort Worth.
The home was completed in April of 2020 and within a year I saw the same model in our neighborhood being built for almost 200k more.
At this stage I realized I may have a good investment on my hands here. My wife and I have talked about not moving until the insane interest rates come down and we down size.
How many of you who bought during this time frame are thinking in the future the pay off will be big when selling it?