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Message
re: Buying a house in DFW
Posted on 4/16/16 at 10:29 am to Pelagic Patron
Posted on 4/16/16 at 10:29 am to Pelagic Patron
Copell or Flower Mound is an area you should look at. We bought in Southlake two years ago; was living in Las Colinas. The buyers market then was insane. It appears to be 5x worse now. We would look into selling but I doubt I could fine something as nice for the price point we are at now. Keller is an interesting prospect for us. Our kids are not in school yet. They are putting in a breadwinners/quarter bar location right off 170 right there. Stuff is going up in that north Keller/Roanoke edge.
1
Posted on 4/16/16 at 10:30 am to 50_Tiger
Yeah he's just way off.
Homestead exemption provides a little break in property taxes. Still beats a state income tax if you ask me.
Homestead exemption provides a little break in property taxes. Still beats a state income tax if you ask me.
Posted on 4/16/16 at 12:07 pm to YipSkiddlyDooo
Try being 25 and trying to buy a house in Dallas, nothing liveable under 450k.
Posted on 4/16/16 at 12:35 pm to reb13
quote:
Try being 25 and trying to buy a house in Dallas, nothing liveable under 450k.
You must have some high tastes brah.
Posted on 4/16/16 at 1:11 pm to reb13
Uh...yes you can. May not be the mega-mansion that you are accustomed to living with your parents.
Posted on 4/16/16 at 1:41 pm to CunningLinguist
exactly what differentiates a "price point" from a "price"?
Posted on 4/16/16 at 1:50 pm to 50_Tiger
quote:
Cap One @ 20% down on 250k a 30 fixed mort at 922 a
Did the OP say he had $50,000 to put down ? Of course that changes things tard, we did zero down back 10 yrs ago when the rates were higher and have not refinanced for a couple of reasons.
I was speaking in general terms, everyone is different.
Posted on 4/16/16 at 2:00 pm to chadams4lsu
I really like the prosper/celina/Gunter area being from a small town in Louisiana. I just couldn't deal with DNT to 380 or Preston road every morning and evening.
Posted on 4/16/16 at 2:50 pm to reb13
quote:
trying to buy a house in Dallas, nothing liveable under 450k.
For 450k you could have your choice of the most desirable areas such as Lakewood, Hollywood Heights, Casa Linda and Kessler Park. You're not gonna get a 4 br 2500s.f. house for that. But a nice 3 br 1700 s.f. tudor is feasible. My advice to anyone looking to buy right now is wait if you can. The market is at a peak, in the next recession is where the deals will come.
Posted on 4/16/16 at 2:50 pm to reb13
quote:
Try being 25 and trying to buy a house in Dallas, nothing liveable under 450k.
Now you are trolling...
Posted on 4/16/16 at 3:06 pm to Zappas Stache
Market hasn't peaked. There are still people moving to Dallas. Toyota crew hasn't even fully arrived since some of them were delayed to 2017.
Posted on 4/16/16 at 3:10 pm to lynxcat
quote:
Market hasn't peaked. There are still people moving to Dallas.
It may go up for a bit longer. But my point is, this is not a good time to buy if you don't have to. We are going to have a recession sooner rather than later and then there will be deals available.
Posted on 4/16/16 at 3:17 pm to YipSkiddlyDooo
quote:
Homestead exemption provides a little break in property taxes. Still beats a state income tax if you ask me.
Depends on your income and home value.
If you're making $100k but your house is worth $300k then you're worse off tax-wise but obviously there's a lot more to it than taxes when determining where to live.
This post was edited on 4/16/16 at 3:31 pm
Posted on 4/16/16 at 3:38 pm to The Torch
Lol even at 0% down and PMI you are still looking at less than 2200.
For Ex.
250K , 0 down, 4.5 int = 1266.71 + PMI + Homeowners + Taxes
Still a very frickin far cry from the BS you were spewing.
Worse case this guy for a 250K home is looking at 2200 a month. 2700 for 325K.
Im sure those are still uber conservative figures.
For Ex.
250K , 0 down, 4.5 int = 1266.71 + PMI + Homeowners + Taxes
Still a very frickin far cry from the BS you were spewing.
Worse case this guy for a 250K home is looking at 2200 a month. 2700 for 325K.
Im sure those are still uber conservative figures.
Posted on 4/16/16 at 4:48 pm to Zappas Stache
Trying to pick when a recession will happen is dumb. Buy when you need a home.
This post was edited on 4/16/16 at 4:49 pm
Posted on 4/16/16 at 5:15 pm to lynxcat
quote:
Buy when you need a home.
That's why I said if you can wait.
quote:
Trying to pick when a recession will happen is dumb
Yep, but you can sure as hell see when the market is on fire. Buy low, sell high. Now is not the time to buy.
Posted on 4/16/16 at 5:24 pm to Zappas Stache
Frisco or McKinney are your best bets.
Posted on 4/16/16 at 5:28 pm to FriscoTiger
quote:
Frisco
Peasant.
Posted on 4/16/16 at 6:36 pm to Restomod
quote:Just bought a house in Collin County a month ago, it really is nuts. Every house we liked never lasted more than 2 days on the market.
I'd put Dallas and Far North Dallas /Collin County market up there with Austin. It's nuts right now
The house we ended up with was only because my realtor was going to be the Realtor for the seller, so we knew about the house and basically had a deal agreed upon before the house was actually on the market.
Posted on 4/16/16 at 7:01 pm to Zappas Stache
quote:
Lakewood, Hollywood Heights, Casa Linda and Kessler Park.
Sorry, should have clarified, no where people under 40 want to live.
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