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re: Texas housing market collapse?

Posted on 7/20/26 at 9:10 am to
Posted by Dragula
Laguna Seca
Member since Jun 2020
6925 posts
Posted on 7/20/26 at 9:10 am to
Agree, Texas is a shite hole… do not recommend, stay away
Posted by SoFlaGuy
Fort Lauderdale
Member since Apr 2020
3460 posts
Posted on 7/20/26 at 9:13 am to
quote:

Right now this is basically tied to AI.

The AI jobs and buildout are basically keeping our larger economy afloat (not just with the specific tech-related jobs/money, but all the loans, construction, jobs, materials, etc. for data centers). At a certain point, AI has to become revenue (well, profit, more specifically, but we're not even at revenue really) producing to justify all this investment and buildout.

If it works, we dodge the bullet once again.

If it's the cable internet buildout of the dot com boom, it's going to be real bad.


Odd way of saying illegals were jacking up home prices.
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
93836 posts
Posted on 7/20/26 at 9:14 am to
quote:

Glad I live in BR.


No knock against BR, but...
Posted by SUB
Silver Tier TD Premium
Member since Jan 2009
26143 posts
Posted on 7/20/26 at 9:14 am to
Why only Texas? Housing is insane just about everywhere.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481023 posts
Posted on 7/20/26 at 9:18 am to
quote:

Odd way of saying illegals were jacking up home prices.


That has nothing to do with what I said and very little to do with this thread.

Prices in Texas. Skyrocketed during the covid era, both for the same reasons we saw nationally and also because there was such an influx of population. That population trend has somewhat reversed, or at the least slowed, and National prices are having issues. Issues. So Texas, Florida, and a couple other states that were hot during covid are facing major valuation adjustments now
Posted by honeybadger07
The Woodlands
Member since Jul 2015
4398 posts
Posted on 7/20/26 at 9:18 am to
The Woodlands, TX

Where the smart money goes!
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40634 posts
Posted on 7/20/26 at 9:31 am to
quote:

Prices in Texas. Skyrocketed during the covid era, both for the same reasons we saw nationally and also because there was such an influx of population. That population trend has somewhat reversed, or at the least slowed, and National prices are having issues. Issues. So Texas, Florida, and a couple other states that were hot during covid are facing major valuation adjustments now



Houston hasn't really slowed down growing

2026: 6,971,000 (1.18% increase)
2025: 6,890,000 (1.29% increase)
2024: 6,802,000 (1.42% increase)
2023: 6,707,000 (1.58% increase)

It is more that Texas has less hurdles to cross to build than most other states. New burbs are always being built so the further you get out, the more likely you'll see less appracaition on your house. Unless the neighborhood is locked down like the woodlands, there is a ghetto creep that happens to a lot of neighbors until they eventually look like Spring


Same thing is happening in Austin. It is not that Austin suddenedly unpopular, it is more that new construction is finally catching up with demand.

Then you factor in that a lot of the home builders had sky house prices that were completely unreasonable
Posted by Klark Kent
Houston via BR
Member since Jan 2008
75629 posts
Posted on 7/20/26 at 9:38 am to
You’re arguing that increased population and housing demand helped drive prices higher, while simultaneously claiming that discussing who made up that population increase (IN TEXAS) has nothing to do with the subject.

It may not explain the entire market, but it obviously isn’t unrelated.

Another thrilling episode of SFP’s Nuance for Me, Absolutes for Thee.
This post was edited on 7/20/26 at 9:44 am
Posted by Klark Kent
Houston via BR
Member since Jan 2008
75629 posts
Posted on 7/20/26 at 9:41 am to
quote:

there is a ghetto creep that happens to a lot of neighbors until they eventually look like Spring


you're not wrong. but is it "creep" when your city council decides it's perfectly normal to build 20+ cheap apartment complexes and strip malls in every cow pasture available within a 10 mile radius?
Posted by Jack Daniel
Gold member
Member since Feb 2013
29583 posts
Posted on 7/20/26 at 9:43 am to
You mean people paying above appraisal value a few years ago would backfire?
Posted by Everyday Is Saturday
Member since Dec 2025
2432 posts
Posted on 7/20/26 at 9:45 am to
quote:

The Woodlands, TX Where the smart money goes!


And so too do the swingers.
Posted by clamdip
Rocky Mountain High
Member since Sep 2004
21948 posts
Posted on 7/20/26 at 9:45 am to
That's an AI generated crap video. The AI bot pronounced Pflugerville as "fluggerville".
Posted by Sam Quint
Member since Sep 2022
9290 posts
Posted on 7/20/26 at 9:50 am to
quote:

Odd way of saying illegals were jacking up home prices.
quote:

That has nothing to do with what I said and very little to do with this thread.

quote:

Skyrocketed during the covid era

quote:

because there was such an influx of population


i am not as smart as you, but wasnt a huge chunk of the influx of population the illegals?
Posted by ragincajun03
Member since Nov 2007
29662 posts
Posted on 7/20/26 at 9:55 am to
quote:

is it "creep" when your city council decides it's perfectly normal to build 20+ cheap apartment complexes and strip malls in every cow pasture available within a 10 mile radius?


City manager of a Houston-area burb told me several years ago that his city, some time back, specifically put a limit on the number of apartment complexes and gas stations that would be allowed to be permitted within city limits.
Posted by CAD703X
Liberty Island
Member since Jul 2008
94332 posts
Posted on 7/20/26 at 9:57 am to
quote:

there’s no sector that doesn’t need more of a correction than the housing market.
last I checked they weren't making more land
Posted by lsuoilengr
Member since Aug 2008
5466 posts
Posted on 7/20/26 at 9:57 am to
oph geeze just bought my first house in houston yesterday. prob my fault
Posted by JasonDBlaha
Woodlands, Texas
Member since Apr 2023
5129 posts
Posted on 7/20/26 at 9:58 am to
All of the Californians who bought into the social media hype are finally realizing that this is a boring arse state and not what they expected.

The tourism sector here is an absolute joke and our government invests very little in it. This state isn’t a social media influencer’s paradise, it’s a place where you go to work and go home. That’s it.
This post was edited on 7/20/26 at 10:04 am
Posted by Klark Kent
Houston via BR
Member since Jan 2008
75629 posts
Posted on 7/20/26 at 9:59 am to
My wife had a pretty simple, binary test when we bought our most recent home:

“Is there a gas station within walking distance?”

If yes, we weren’t interested. If no, the house stayed under consideration.


the reason for that is pretty self-explanatory for anyone who's lived in/near a major city.
Posted by beerJeep
Louisiana
Member since Nov 2016
39021 posts
Posted on 7/20/26 at 9:59 am to
quote:

Why Prices Are Falling Fast


De de de de deported illegals
Posted by Sam Quint
Member since Sep 2022
9290 posts
Posted on 7/20/26 at 10:01 am to
quote:


All of the Californians who bought into the social media hype are finally realizing that this is a boring arse state and not what they expected. News at 11.

meh. Houston and Dallas are boring arse generic cities, but I wouldnt say that about the whole state.
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