If you were in my position, where would you move?

[LegendKiller]

Originally posted by: essasin
Take out money from the house and buy more property.

Yeah, cashing out equity when the house is going to depreciate *AND* buying over-priced land is the *BEST* idea ever!

 

[DT4K]

We sold our 1500 sq. ft house in Oregon for $285k and bought a 3500 sq. ft house just south of Charlotte, NC for 277k about 4 months ago. All of our neighbors are from other states and half of them are from Florida.
We could have bought a similar house and had a tiny mortgage, but instead, we kept a similar mortgage payment and got a much bigger house. With 4 kids, having more space and a nice neighborhood was the priority.

 

[ponyo]

If you don't have anything to hold you down and you can get a job at comp pay at the new place, I would move.

I'm waiting for the supposed price drop to hit the Florida Gulf Coast. I've my eye on a vacation beach condo on Navvare Beach on the Florida Panhandle and the 2bd 1300 sq units still go for around 820k. I'm hoping it drops into 600k area in the next 2 years as I save up.