houston vs arlington

They cypress area 290 etc is booming right now. Many medical centers hospitals etc being built. Traffic is starting to suck though. I believe cypress has more room for growth then Arlington. I know many restaurants and other developments are coming here quickly. The restaurants at hwy6 and 290 are some of the highest money makers in the country.

 

I know Houston is growing like mad, but so is Dallas.

If you're 5 minutes from the new stadium, it's hard for me to believe a house in Northwest Houston will gain more value than the house close to the stadium.

I'd say to stay in Arlington - at least for 5 more years.

Then come to Houston.

 

290 sucks monkey balls.


that is all.




Houston Suburb with a Houston address > Dallas suburb named Arlington.

 

290 does suck... time for some construction

 

Pssst... when you think about "investing in a house" consider that no one wants to buy your house which has a property value that went up $15,000/year when they can get something a lot cheaper from builders who are sitting on inventory in various parts of the state. So when you go to some place with expensive houses, make sure they aren't building more houses like yours around you for too long.

You also can't really say Houston vs. Arlington when it comes to which areas will appreciate in value. There are spots in both cities where people can't get rid of houses that appreciated in property value over the past 3-5 years because they're still building new houses. This isn't like California where property values went up, but land was also a scarce resource. In the DFW area, the place to be over the past 3-10 years was probably the Frisco/Celina/Prosper area. Celina and Prosper may still be "in". I could have bought the "base model" version of my house in Nov. 2004 for $192,000. They're asking for $240,000 for the same house now. There'd be no way in hell I'd buy the house now.

Keep an eye on interest rates as well. The housing industry around the US has taken a big hit in terms of increasing inventory and home prices dropping a bit. Houses are also sitting on the market for a while before selling. In Dallas I've heard they sit for around 3 months at least. Texas hasn't been hit as hard, luckily for us.

You need to do more research than "Houston vs. Arlington", though. You need to analyze community vs. community, suburb vs. city, etc. My suggestion to you is find a place you want to live more than a place you want a house to appreciate in value as an "investment". But if you're looking at "investment", consider things like school districts, average home price for the size of home you're looking for (don't buy the biggest or smallest home around you - buy something in the middle), police and fire department coverage, insurance rates, etc. Especially make note of things like property tax rates because while you're waiting for your home to sell for that $50,000 appreciation in property value, you could be paying 2.5-3% in property value taxes on that $50,000 every year.

FYI : If you want to go where the market and prices are really booming, head north... to places like Montana. lol.

 

That is what im afraid of.

I wish they would have expanded 290 about, i don't know, ten years ago.

The late 90s should have been a good time.

I don't know why the freeway people wait 10 to 15 years to do some major construction when the freeways are already swelling up.

 

sincerely,


residents of the astrodome area

 

Seriously. Having a bunch of drunks (myself included) decend upon your area 8 times a year doesn't seem much like something that's going to raise your property value too much.

 

The traffic out there more than sucks. My brother just recently sold his house off of Barker Cypress because he and his wife, who both get off work around 5, wouldn't get home until 7 or later. It's nice out there, if you're going to work in the area. If you have to go south of 1960, you should always keep an extra set of clothes with you just in case.

 

You should definitely come back to Houston! Are you going to try to work in the Medical Center?

 

Reportedly they are going to start construction in a few years, but who knows if this news is true. They have waited way to long to expand 290, it is now the worst freeway in Houston.