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Posted on 7/20/26 at 9:13 am to SlowFlowPro
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 on 7/20/26 at 9:14 am to lsu xman
quote:
Glad I live in BR.
No knock against BR, but...
Posted on 7/20/26 at 9:14 am to lsu xman
Why only Texas? Housing is insane just about everywhere.
Posted on 7/20/26 at 9:18 am to SoFlaGuy
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 on 7/20/26 at 9:18 am to lsu xman
The Woodlands, TX
Where the smart money goes!
Where the smart money goes!
Posted on 7/20/26 at 9:31 am to SlowFlowPro
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 on 7/20/26 at 9:38 am to SlowFlowPro
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.
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 on 7/20/26 at 9:41 am to Dire Wolf
quote:
there is a ghetto creep that happens to a lot of neighbors until they eventually look like Spring
Posted on 7/20/26 at 9:43 am to lsu xman
You mean people paying above appraisal value a few years ago would backfire?
Posted on 7/20/26 at 9:45 am to honeybadger07
quote:
The Woodlands, TX Where the smart money goes!
And so too do the swingers.
Posted on 7/20/26 at 9:45 am to lsu xman
That's an AI generated crap video. The AI bot pronounced Pflugerville as "fluggerville".
Posted on 7/20/26 at 9:50 am to SlowFlowPro
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 on 7/20/26 at 9:55 am to Klark Kent
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 on 7/20/26 at 9:57 am to TROLA
quote:last I checked they weren't making more land
there’s no sector that doesn’t need more of a correction than the housing market.
Posted on 7/20/26 at 9:57 am to lsu xman
oph geeze just bought my first house in houston yesterday. prob my fault
Posted on 7/20/26 at 9:58 am to lsu xman
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.
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 on 7/20/26 at 9:59 am to ragincajun03
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.
“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 on 7/20/26 at 9:59 am to lsu xman
quote:
Why Prices Are Falling Fast
De de de de deported illegals
Posted on 7/20/26 at 10:01 am to JasonDBlaha
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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