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Started By
Message
re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
Posted on 12/1/18 at 6:39 pm to Paul Allen
Posted on 12/1/18 at 6:39 pm to Paul Allen
quote:
How are New Orleans prices still going strong after all these years after Katrina? They’re not a huge real estate market city and they seem to be doing great
Because demand outstrips Supply.
New Orleans is a waterlocked city.
0
Posted on 12/1/18 at 7:01 pm to RedRifle
After buying/selling several homes in north DFW, I say “so what?”
Every time I buy, I’m told that it’s a seller’s market.
When I sell, I’m told it’s a buyer’s market.
The last house I sold was in a solid seller’s market but then I’m told that the hot market is in less expensive homes and not in the price range I was in.
Every time I buy, I’m told that it’s a seller’s market.
When I sell, I’m told it’s a buyer’s market.
The last house I sold was in a solid seller’s market but then I’m told that the hot market is in less expensive homes and not in the price range I was in.
Posted on 12/1/18 at 7:08 pm to Paul Allen
quote:
When the outside money dries up what happens then?
I'm not Nostradamus
Posted on 12/1/18 at 7:10 pm to EA6B
Ya you could have held onto your Detroit home as the neighborhood crumbled around you. I'm curious with inflation, taxes, and maintenance what the math would look like.
Posted on 12/1/18 at 7:14 pm to RedRifle
I’m hoping the housing bust hits Toledo Bend soon. A damn 2,000 sq. ft house on the lake is half a million bucks!!!!!
Posted on 12/1/18 at 7:31 pm to PiscesTiger
quote:
Many people in late 20s to early 40s who couldn't care less about home ownership. It is becoming less and less a status symbol. It is just too complicated for some.
Less people getting married and more divorces.
The divorce rate has actually decreased with Gen X and Gen Y/Millennials.
The divorce rate last shot up when the Baby Boomers created the midlife crisis.
The divorce rate among Baby Boomers has exploded since the '80s and '90s when Boomers created the midlife crisis because they realized they'd never get out from Daddy's WWII shadow.
LINK
quote:
Among U.S. adults ages 50 and older, the divorce rate has roughly doubled since the 1990s, according to a Pew Research Center report.
Posted on 12/1/18 at 7:44 pm to Paul Allen
Austin has a slew of affordable neighborhoods. These posters love to use the dumps in east Austin going for $600,000 as a metric for the whole city 
Posted on 12/1/18 at 7:49 pm to RedRifle
In a subdivision down the road from me in Baton Rouge new houses are sitting empty and unsold. They are asking 700k. I went to an open house and the builder told me on the side that he would take 70k off the listing price. He seemed pretty motivated to sell he had 4 unsold houses in this neighborhood. It seems the market in BR is stagnet.
Posted on 12/1/18 at 8:03 pm to Vacherie
Baton Rouge seems to have slowed down big time. Tons of neighborhoods still being built or approved to be built. Houses sitting everywhere for sale.
It’ll be interesting to see if BR can handle the oil drop and interest rate rise.
It’ll be interesting to see if BR can handle the oil drop and interest rate rise.
Posted on 12/1/18 at 8:05 pm to lsu13lsu
That’s probably just people realizing that Baton Rouge sucks
Posted on 12/1/18 at 8:37 pm to Vacherie
quote:
Stagnet
Stagnet huh?
This post was edited on 12/1/18 at 8:37 pm
Posted on 12/1/18 at 8:57 pm to RedRifle
All I know is that Amazon is coming to DC and I live about a mile away from what will be HQ2. Not complaining one bit.
Posted on 12/1/18 at 9:23 pm to RedRifle
That’s what happens when oil money dries up. Y’all happy now?!
Posted on 12/1/18 at 9:39 pm to EA6B
quote:
"but this time its different".
Yes.. And it's usually because they read it from someone that was the person who predicted this or that.
Posted on 12/1/18 at 10:07 pm to Restomod
True, but this is happening everywhere. Nola, Houston, Nashville, Charlotte. There is an entitlement mentality as well.
Posted on 12/2/18 at 12:12 am to MusclesofBrussels
I’m about to move to the Seattle area from Nola. Any suggestions ab living in Tacoma or Columbia city?
Posted on 12/2/18 at 12:21 am to akellg1
The price on houses right now is horribly high. These 1800 sq ft DSLD homes going for 225k with half arse construction is asanine.
Posted on 12/2/18 at 1:30 am to RedRifle
frick yeah. Now I buy.
Those stupid McMansions have been overpriced for years now.
Those stupid McMansions have been overpriced for years now.
This post was edited on 12/2/18 at 1:30 am
Posted on 12/2/18 at 1:49 am to akellg1
I'd suggest Columbia City way over Tacoma. It's a cool area, close to Seattle and on the light rail route, pretty good location overall.
Posted on 12/2/18 at 2:22 am to MusclesofBrussels
Part of the problem here in D/FW is that builders aren't building brand new starter homes. All they build are these 4-5 br monstrosities. Theres no place for a young couple to break into the market in a new home.
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