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Houston metro real estate

Posted on 8/28/17 at 7:34 pm
Posted by Lasix
The BEACH
Member since Jan 2014
470 posts
Posted on 8/28/17 at 7:34 pm
Wonder what the market for homes not flooded is going to be after this week. I remember the Baton Rouge market exploded after Katrina.
Posted by SwaggerCopter
H TINE HOL IT DINE
Member since Dec 2012
27226 posts
Posted on 8/28/17 at 7:36 pm to
Yeah. Most important three words used to be "inside the loop." "Does not flood" is coming to replace those.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167028 posts
Posted on 8/28/17 at 7:38 pm to
Houston was always reasonable price wise for a large city. That'll change in the short term for sure.
Posted by slackster
Houston
Member since Mar 2009
84582 posts
Posted on 8/28/17 at 7:42 pm to
Very nice neighborhoods took on water in the homes. Bellaire neighborhood drone video
Posted by Lasix
The BEACH
Member since Jan 2014
470 posts
Posted on 8/28/17 at 7:51 pm to
With the oil downturn and the continued explosion of new house building the market has been rather flat over the past 2 year for pre existing home sales.
This post was edited on 8/28/17 at 7:57 pm
Posted by dukke v
PLUTO
Member since Jul 2006
202510 posts
Posted on 8/28/17 at 7:53 pm to
quote:

Lasix




Did you get dropped on your head when you were young?????
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5276 posts
Posted on 8/28/17 at 7:56 pm to
I was wondering this myself. I have been very lucky. No flooding in my neighborhood and we have gotten 30 inches.

I live in Oak Forest next to Garden Oaks.
This post was edited on 8/28/17 at 7:59 pm
Posted by ProudLSUMom
Baton Rouge
Member since Sep 2007
3301 posts
Posted on 8/28/17 at 8:00 pm to
quote:

Most important three words used to be "inside the loop." "Does not flood" is coming to replace those.



Hopefully my son will be able to use all 6 of those words. They are inside the loop and haven't flooded and hopefully won't.
Posted by MettShow69
The Woodlands, TX
Member since Nov 2015
482 posts
Posted on 8/28/17 at 8:41 pm to
Damn
Posted by MSH
America
Member since Oct 2014
2785 posts
Posted on 8/28/17 at 8:43 pm to
quote:

I live in Oak Forest next to Garden Oaks.


What street are you on? I'm over on Richelieu and have stayed dry.
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5276 posts
Posted on 8/28/17 at 8:52 pm to
Martin St.

Very happy with the way the neighborhood has held up in terms of drainage.
Posted by JetsetNuggs
Member since Jun 2014
13859 posts
Posted on 8/28/17 at 8:55 pm to
This thread has incredible timing.
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 8/28/17 at 9:06 pm to
I'm over on Hewitt/Roslyn and have stayed dry. I live in one of the original homes that's been updated. Really curious what it will happen in the coming months.
This post was edited on 8/28/17 at 9:10 pm
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5276 posts
Posted on 8/28/17 at 9:08 pm to


Sounds like the entire neighborhood did well.

Eta: I might test the market if we see a pop in prices.
This post was edited on 8/28/17 at 9:13 pm
Posted by BreakingTheBank
Houston, TX
Member since Jun 2014
144 posts
Posted on 8/28/17 at 9:11 pm to
Any word on how the Heights is doing? I literally just went under contract to purchase a townhouse near the little league baseball fields off TC Jester near Cedar Creek.
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 8/28/17 at 9:13 pm to
I have friends that live right there basically across from the bingo hall and they stayed dry. I drove down TC Jester by the ball park today and the water had receded. Not sure if the full extent but seemed to be ok
This post was edited on 8/28/17 at 9:14 pm
Posted by BreakingTheBank
Houston, TX
Member since Jun 2014
144 posts
Posted on 8/28/17 at 9:16 pm to
Thanks for the info 84. We bought in the gated community directly behind those baseball fields. There is a retention pond and the houses haven't flooded before (7 yrs), but obviously this the worst flooding event. Nervous as this is my first time going through the home buying process.
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 8/28/17 at 9:20 pm to
The town houses?l at the end of 14-1/2? If so I'd think you'd be fine. Had a friend that lived in there when they first built the place up until 2 years ago. It's relatively high up
Posted by BreakingTheBank
Houston, TX
Member since Jun 2014
144 posts
Posted on 8/28/17 at 9:22 pm to
Yes, that's right. Sits between 14 1/2 and 15 1/2. The house I bought actually backs up to the baseball field on the right and the bingo hall on the left.

They sit a few feet off the ground so I'm optimistic. We will probably have to go through the inspection and appraisal process again. We were scheduled to close in September.
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 8/28/17 at 9:23 pm to
Good luck
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