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re: Lets talk about the housing bubble

Posted on 3/1/18 at 11:28 am to
Posted by HempHead
Big Sky Country
Member since Mar 2011
55559 posts
Posted on 3/1/18 at 11:28 am to
quote:

Yep. I'm in Bham and it is crazy. Apartments have stepped their game up big time too. It is almost impossible to find a decent house under 350-400 right now. I'm not talking big, just a house that doesn't need a ton of work done to it.



I was looking at buying a place in Crestline or Highland Park, and noped the frick out when I saw the condition of houses relative to their price. Who the frick is buying a dilapidated 2700sqft house for 450k?
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 3/1/18 at 11:31 am to
quote:

I was looking at buying a place in Crestline or Highland Park, and noped the frick out when I saw the condition of houses relative to their price. Who the frick is buying a dilapidated 2700sqft house for 450k?



Houston is fricking chock full of houses that were flooded during Harvey, gutted, and then just placed on the market without being renovated. The prices are insane; essentially just $50k or a little more reduced.

Posted by GoCrazyAuburn
Member since Feb 2010
35024 posts
Posted on 3/1/18 at 11:32 am to
quote:

I was looking at buying a place in Crestline or Highland Park, and noped the frick out when I saw the condition of houses relative to their price. Who the frick is buying a dilapidated 2700sqft house for 450k?


Same. Was looking in the Crestline Park/Highland Park/Homewood areas. It is ridiculous. I'm single so I don't need a ton of space. Just me and the GF. Looked at Tapestry park apartments the other day. They are nice as hell with a ton of amenities. Until prices become more reasonable, I just don't see the value in buying right now when you can get a completely new apartment and probably pay less for it. (short term, I know the value of a house long term vs apartment).
Posted by Big_Sur
Member since Nov 2012
1126 posts
Posted on 3/1/18 at 1:57 pm to
quote:

I was looking at buying a place in Crestline or Highland Park, and noped the frick out when I saw the condition of houses relative to their price. Who the frick is buying a dilapidated 2700sqft house for 450k?


Come to Crestwood, we've got plenty of good vibes, the houses are cheap, and the neighbors are friendly!
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