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re: Home prices are now contracting at levels only seen 2 times

Posted on 9/23/23 at 11:28 am to
Posted by C
Houston
Member since Dec 2007
27832 posts
Posted on 9/23/23 at 11:28 am to
This is localized. Prices in Houston are still going higher. It’s crazy what my neighbors continue to get for their homes
Posted by gaetti15
AK
Member since Apr 2013
13371 posts
Posted on 9/23/23 at 11:30 am to
ah so big cities still have ridiculous prices while everywhere else is contracting
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31311 posts
Posted on 9/23/23 at 12:56 pm to
quote:

Prices in Houston are still going higher.


I’ve been tracking it and I think that’s also the case here.

ETA: yup, still rising, quickly

This post was edited on 9/23/23 at 1:04 pm
Posted by LSU alum wannabe
Katy, TX
Member since Jan 2004
27020 posts
Posted on 9/23/23 at 1:00 pm to
quote:

Prices in Houston are still going higher. It’s crazy what my neighbors continue to get for their homes


Same here. On the one hand it’s nice to know you’ve got something of value. But the other, when does the bubble pop? Or a national trend like the OP hit here? Also, if they kept going up that tax nut gets bigger and bigger.

Our house has easily doubled in value. In the present market.

Would be nice to sell and store shite then live in apartment for 2 years to wait it out. Sweep in when it collapsed. If it doesn’t collapse though I’m living in an apartment until I move into a senior living apartment. Lol
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