Buy Now, Buy Later?

Now, according to this article in MONEY and I think I agree. I have decided to sell an out of town property and buy an investment house in Dallas. Reason? I think we have seen the lowest interest rates we will see for awhile. A long while. When we were buying our first home in 1981, the Hunt brothers had cornered the silver market and interest rates were 18%. That slashed the size and cost of the homes we were looking at to two bedroom/one bath bungalowes. (Yes, I have a nice big home now, but we worked our way here home by home.) I didn’t get one piece of silver for a wedding gift, either, because folks could not even afford a sterling toothpick! (Wah, wah.) Anyhow, what do you think? Is this is a good time to sell? If I have an investment property in, say, San Antonio, should I lease it out or sell now? Would you buy in Dallas or park the cash?Â