Purchased as bubble burst in 2008, market rebounding but not sure can cash out yet.

Average rent, which sat at $1,367 and dipped to $1,300 at its pandemic low (-4.9%), skyrocketed to $1,647 by September 2021, a 25.3% year-over-year increase.The median rent in Austin has increased by $155 since April 2021, when rent nationwide began to rebound at the onset of the COVID vaccine rollout.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in November-Single-family home sales rebounded from a slight decline in October, rising 3.9 percent with 8,320 units sold versus 8,010 in October 2020;-Days on Market (DOM) for single-family homes dropped from 46 to 35;-Total property sales rose 5.6 percent with 10,216 units sold;-Total dollar volume increased 20.6 percent to $3.7 billion;-The single-family average price rose 12.6 percent to $383,807; -The single-family median price increased 16.3 percent to $314,000 – an all-time high first reached in June of 2021; -Single-family home months of inventory registered a 1.6-months supply, down from 2.1 months year-over-year and below the national inventory of 2.4 months;-On a year-to-date basis, single-family homes sales are 12.0 percent ahead of 2020’s record pace and 22.2 percent ahead of 2019.

Houston Real Estate Highlights in NovemberSingle-family home sales rebounded from a slight decline in October, rising 3.9 percent with 8,320 units sold versus 8,010 in October 2020;Days on Market (DOM) for single-family homes dropped from 46 to 35;Total property sales rose 5.6 percent with 10,216 units sold;Total dollar volume increased 20.6 percent to $3.7 billion;The single-family average price rose 12.6 percent to $383,807; The single-family median price increased 16.3 percent to $314,000 – an all-time high first reached in June of 2021; Single-family home months of inventory registered a 1.6-months supply, down from 2.1 months year-over-year and below the national inventory of 2.4 months;On a year-to-date basis, single-family homes sales are 12.0 percent ahead of 2020’s record pace and 22.2 percent ahead of 2019.Townhome/condominium sales rose 16.8 percent with the average price up 16.0 percent to $258,970 and the median price up 10.5 percent to $210,000;Single-family home rentals rose 7.1 percent with the average rent up 8.5 percent to $2,042; Townhome/condominium leases increased 5.1 percent with the average rent up 3.8 percent to $1,737.Source HAR 

Also optimistic with moratoriums lifting and being able to move forward with foreclosure/evictions but court houses could definitely be backlogged in certain areas for some time.As for REO renovations, supply chain disruptions will have to cause some friction as emerging markets around the world become more vaccinated and can start to rebound from the virus, thus creating more competition for a limited amount of goods.So short term in my opinion: it's a bit more of the same.

The area Gad totally rebounded and I like to think at least a little because of me . 

With sky high purchase prices, the rental market has been rebounding as well.

If the Economy goes real bad we will be in a position to buy more ground and turn around and do this again, once the economy rebounds.

It then rebounded dramatically in June and July, as consumers rushed out to buy suburban homes, seeking more space for working and schooling from home.Builders now say they continue to see a steady stream of buyers, due in large part to the extreme shortage of existing homes for sale.

You can always wait out the market until it rebounds.