Cashman – It is unfortunate the your exit timing was not too good, but it is water under the bridge. If you study the cycles, the 10 yr cycle in RE has been the most reliable over time. It is very unlikely that a huge ramp up in price will occur now, regardless of what rates do. My studies of rates over time have not shown a dead on relationship to RE pricing, other things have been much more closely correlated, like existing home sales to name one.
Just by being in here it is clear you are doing your due diligence as far as your next buying decision goes. Keep the emotion out of it, and never do anything that does not fit your own financial comfort zone. Chasing a momentum move in any asset class is a dangerous game. Once the music stops, there are never enough chairs, so do not rely on the music like so many people have in recent years.
