should i purchase my primary residence in Austin now?

[Povilas Smith]

background: currently live in bay area, my wife and i decided to move to Austin early next year. we currently own our house in bay area, and the plan was: find a house in Austin for less than 500k Q1'21, move, and if the market is still good, list the current bay area home for sell in March/April, and use the capital to purchase more investment properties in Texas. if the market is down, keep the bay area home for rental until market recovers. 

Last week we find a place we really like, meet all the criteria we listed, but it is 2 months ahead of schedule, if it is normal year we won't think it's a big deal, but there are too many uncertainties this year: 

1. given the uncertainties on the election, will this impact the stock market and house market? We worried about buying high and selling low

2. given the uncertainties on the covid-19, worried about mortgage forbearance expired cause house market downturn 

3. because of above uncertainties, we felt maybe we should hold the cash longer and make decisions once we know how things pan out 

Would love to hear your thoughts on this 

thanks