The last housing bubble missed Texas. Now the Lone Star State is home to the second most ‘overvalued’ housing market in the country
Boise ,Spokane among many places saw more massive new comers, but the real impact will be seen upon mortgages renewal peak (after 18~months maybe/Q3-2023)
The spillover for Austin is San Antonio and in between . Central Texas will stop growing when the jobs spillover from California and New York stop
After the management company of our property informed us of the $500 rent spike, we had to move. Comparable houses in the area had risen at least 20+%, we faced the choice of downgrading the house (mostly backyard space, which we value for the kids) or moving further away, we ended up moving 40 minutes out to Magnolia. Luckily for us, we work from home and the change isn't a huge problem, but it puts us a lot further from family and friends.
home prices has fallen 20-30% especially for entry level luxury home (so is Ferrari) , good time to pick 1 year term, eventually mortg. interest rate will be reduced later
the semi- attractive chick that poop in your bed sheet , living expense vs typical wages do not make much sense
need to vent here , "subject removed" a sense of awkward relief when I reached this mile stone yesterday. 1800 ft house built in the 60s that rattle when you close the door or open the windows and had never been updated , felt like winning the jackpot ," what a steal! just 1.4 million for that big lots!. but to shield my kid" future from mortgage and rent ...it seemed totally worth it ,now I need new spark plugs to keep going for another 100k miles on a tight budget
https://www.zolo.ca/vancouver-real-estate/trends large lots with potential to subdivision is money in the bank , the old house is a bonus, you slam the door and it collapse in no time thanks bro lol I wish , but with locked in rate at 2.5% its ok, there's a ban of 2 years on forginer buyers, once it expire ,BC money laundrying in real estate will rebound