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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (44746)11/17/2005 11:33:32 AM
From: Wyätt GwyönRead Replies (2) | Respond to of 306849
 
Amazing to pay $400-450k for 1500 sf condo in gentrified hood when you can get a 2500 sf house for only $150-200k out in the burbs.

there is a lot of that in Austin. i chalk it up to America's conformist yuppie culture.

you can get a 2500 sf house in a 1970s neighborhood about 15 minutes south of town for low 200s, about 3% annual increase from 2000.



To: John Vosilla who wrote (44746)11/17/2005 11:35:19 AM
From: KMRead Replies (1) | Respond to of 306849
 
It's the same in Dallas as I showed you awhile back. Intown crap has nearly kept pace with the bubble markets. A lot of it is up 2-300% based on current sales from when I moved here in 1989 from California. I don't know who's paying these prices but they're going to be sorry.


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