what to do??

we bought a house in rural texas for 84000.00, it was a foreclosure, we just had an offer and signed the contract for 145900.00. we want to take the profits and turn it into a primary housing for us for 156000.00. my question is … with the way the market is now… should we have held on to the house we just sold for 145900?? or should we sell while we can… and should we buy the other house now… or wait and see what the market does…

just have this feeling i should hold on to the house we bought for 84000.00, any insight from anyone??

susan