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Started By
Message
re: North Dallas Home Market is Nuts...
Posted on 8/28/23 at 8:40 pm to PrecedentedTimes
Posted on 8/28/23 at 8:40 pm to PrecedentedTimes
quote:
Places like Prosper are nuts to me. Hardly anything there and every house is worth 600k and gone in a week. What the frick do these people do for a living? And WHERE? Do they commute all the way to Plano? Dallas? Insane
That’s exactly why I moved to NW Arkansas. There’s some amazing new developments close to the Oklahoma border but if you live that far out why not move to Eufaula or NW Arkansas and be on the lake for cheaper? All 3 are in the middle of nowhere
1
Posted on 8/28/23 at 8:42 pm to Limitlesstigers
Is Las Colinas still a booming area?
Posted on 8/28/23 at 8:44 pm to Paul Allen
quote:
Las Colinas
Some new apartments near Las Colinas Blvd & Northwest Hwy, around the Toyota Music Factory
Posted on 8/28/23 at 8:44 pm to lynxcat
quote:
Plano/Frisco may very well become a larger city/anchor of commerce than the core of Dallas.
Collin County will surpass Dallas county by 2045 at the current rate.
Posted on 8/28/23 at 8:46 pm to Paul Allen
quote:
Is Las Colinas still a booming area?
Yes, massive influx of Indian and Middle Easterns
Posted on 8/28/23 at 8:46 pm to evil cockroach
quote:there will always be a market for housing in coastal California if for only the weather
employees are selling their Cali homes for 1-2 millionwho’s buying those homes?
Posted on 8/28/23 at 8:49 pm to MardiGrasCajun
quote:
The seller doesn't initially price below market value. The realtor drives up the price. Here's what happens. Realtor puts house on market and has an open house on Saturday. Folks line the street to see home. Multiple offers come in over the next couple of days. The realtor sends an email to all offers stating there are multiple offers so we need everyone to "make your best max offer by 5PM Monday" and everyone goes way above what they had planned.
Happened to us four times when we were shopping homes four years ago. Total BS.
Realtor's are truly pond scum. I hope they all are out of work when this shite goes south.
Posted on 8/28/23 at 8:57 pm to Arkapigdiesel
quote:for working in their clients best interest getting them the most for their home?
Realtor's are truly pond scum.
I don't follow
Posted on 8/28/23 at 9:05 pm to boxcarbarney
I realized just how bullshite those calls and texts are when I put my condo on the market and I was still getting the “are you interested in selling (address)?” cold texts. They are phishing for suckers, they don’t want to legitimately buy at fair market value.
Posted on 8/28/23 at 9:43 pm to Paul Allen
quote:Yes, it's booming but only for business and apartment developments. Las Colinas is zoned for Irving ISD which is pretty mediocre. Dudes with families that work in Las Colinas usually live near Carrol, Grapevine, Colleyville,Lewisville, The Colony, or Frisco.
Is Las Colinas still a booming area?
Posted on 8/28/23 at 10:20 pm to wutangfinancial
quote:
That’s exactly why I moved to NW Arkansas. There’s some amazing new developments close to the Oklahoma border but if you live that far out why not move to Eufaula or NW Arkansas and be on the lake for cheaper? All 3 are in the middle of nowhere
For work? NW Arkansas is great and all but the economy is pretty much tied to Walmart, Logistics, or poultry. It's not really really a mystery. It's a lot harder to find a 100k job in IT or Finance in NW Arkansas, Louisiana or any other medium sized southern city than it is in Dallas.
This post was edited on 8/28/23 at 10:33 pm
Posted on 8/28/23 at 10:25 pm to Dragula
quote:this right here. It's a wild thing to see
Yes, massive influx of Indian and Middle Easterns
Posted on 8/28/23 at 10:50 pm to Limitlesstigers
If you’re 1.5 hours outside of Dallas proper I’d say the Walmart/Tyson/JB Hunt umbrella has way more opportunities in IT and Finance. If you’re talking high Finance and law I could see that. It’s basically just Walton Enterprises and their subsidiaries from what I’ve seen. But compared to other mid sized southern towns I’d have to disagree. The money up here blows my mind.
For reference I worked for a DC based company and now an Irvine CA company but maybe I’m just lucky.
For reference I worked for a DC based company and now an Irvine CA company but maybe I’m just lucky.
Posted on 8/28/23 at 11:00 pm to wutangfinancial
quote:Oh ok, I see what you're saying. I'm kind of speaking from a move anywhere (not on the east or west coasts) point of view. I'm an IT consultant. There's work everywhere but Dallas is one of the few places in the South where I can get a lot of work and be home by the afternoon. I've looked in NW Arkansas (dad lives in Bella Vista) and didn't have any luck.
you’re 1.5 hours outside of Dallas proper I’d say the Walmart/Tyson/JB Hunt umbrella has way more opportunities in IT and Finance.
Posted on 8/29/23 at 12:52 am to The Torch
quote:
Here’s the problem, these conglomerates are killing the free market.
In fact, in 2021, did you know 28 percent of the homes purchased in Texas were purchased by large institutional buyers?
These ESG companies that own all the real estate should get a bunch of votes in elections because conservatives truly believe that only property owners should vote.
Posted on 8/29/23 at 5:26 am to Dragula
I’m possibly about to have to move over there for work and am dreading the prospect of buying anywhere near there. The housing market there is stupid.
Although, my branch would be in Arlington so it would probably make more sense to look south and not north. Or more towards Fort Worth.
Although, my branch would be in Arlington so it would probably make more sense to look south and not north. Or more towards Fort Worth.
This post was edited on 8/29/23 at 5:39 am
Posted on 8/29/23 at 5:34 am to Dragula
The snowbirds are flocking to Florida and other warm places, selling their homes up North, which are ludicrously expensive, and paying cash down here. People are moving out of the crime infested Northern cities, which the old people are selling to them. Last year, my home could have sold for almost $1M, which is ridiculous. And they just keep building, down here. Ian decimated the coast and all that is going up is more condos and multi-million dollar homes that people live in for 3 weeks out of the year.
This post was edited on 8/29/23 at 6:44 am
Posted on 8/29/23 at 6:03 am to grizzlylongcut
quote:
I’m possibly about to have to move over there for work and am dreading the prospect of buying anywhere near there. The housing market there is stupid.
Although, my branch would be in Arlington so it would probably make more sense to look south and not north. Or more towards Fort Worth.
Yeah I would not want to make that commute from the north, I'd definitely look the west suburbs.
Posted on 8/29/23 at 6:06 am to Dragula
Can someone explain to me how this debt ultimately get serviced? When do “homeowners” who are mortgaged to the hilt just walk away? I guess they also plan on financing the air conditioning system over 453
Months too?
Months too?
Posted on 8/29/23 at 6:24 am to Thedillyplate
quote:post was from 2 years ago at the height of the insanity.
Are you in Westhaven?
Houses in the upside pineapple Westhaven hood are sitting on the market now..the good ol days of outrageous offers are over for now.
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