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re: The Wild DFW Housing Market--my experience
Posted on 3/27/17 at 12:27 pm to baldona
Posted on 3/27/17 at 12:27 pm to baldona
quote:
There's also a ton of young professionals that are buying their "dream" house as a first house. I don't understand someone buying a $400k+ house as their first house. I know a young couple that make around $100k that bought a $450k house as their first home and 3 months after buying are already wanting to blow out the living room because its too small. Its mind blowing how some people just ruin their finances on their primary residence.
If you want to buy a starter home in Dallas proper, you're going to pay $400k.
Posted on 3/27/17 at 12:41 pm to PetreauxCat
quote:
If you want to buy a starter home in Dallas proper, you're going to pay $400k.
Nor LA, New York City, Boston, Chicago, etc. That's not my point. If you are living in one of those places, you are most likely making over $100k though also.
I'm just saying that with social media, all these women want modern everything on their first house with 5% down on a 30 year mortgage.
Posted on 3/27/17 at 1:06 pm to PetreauxCat
quote:
If you want to buy a starter home in Dallas proper, you're going to pay $400k.
My wife and I have sadly come to this realization. We've been renting in Dallas for a year and a half and it's just insane how little you get for your money here (unless you are willing to take a chance at buying in a seedy neighborhood).
Does anyone have a recommendation for an area to look for houses in the $250K range for a young married couple (mid 20s) with no children?
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