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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 (45243)11/29/2005 3:29:49 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
The answer is simple. No one ever grew up dreaming of retiring to Houston...<G>



To: John Vosilla who wrote (45243)11/29/2005 3:43:43 PM
From: patron_anejo_por_favorRespond to of 306849
 
I would agree with those estimates of prices in Florida, AZ is not yet that far over the top (though it's crazy given the vast expanse of land available literally in every direction.



To: John Vosilla who wrote (45243)11/29/2005 5:18:06 PM
From: put2richRead Replies (4) | Respond to of 306849
 
I have lived in SE of Houston, near NASA's Johnson Space Center Zipcode 77058, for more than a year, and I think this place is the best for me. The heat/humidity during the long summer is oppressive but bearable, since you have A/C and the area is green with many trees. The traffic is excellent if you live close to workplace (ie. not have to go to downtown). The rent is under 500 for 1 bed apartment. The haircut is less than 5 bucks at some Vietnamese saloons, and seafood buffet is under 8 bucks.
I had been living for 27 years in Southern Calif, Bay Area (Silicon Valley) and Riverside (Southern Calif) but I love living here the most.
I don't care about the heat so much if I can save $2k a month by not buying a house in California then I can save for retirement or can have several overseas vacations a year. Not too bad a life, huh!
For RE in Houston, go check the www.har.com website. My daughter bought a 5 years old house, 2500 sq-ft for 162K, and she leased it for 1600 a month. Next week she will come here from Calif. to look at another.
I guess some neighborhood near the ocean or Galveston bay are nice to live if not struck by hurricane.



To: John Vosilla who wrote (45243)11/29/2005 8:37:08 PM
From: KMRead Replies (1) | Respond to of 306849
 
That's not a nice home. That's a jerrybuilt KBH or Pulte type piece of crap that would fall apart in a stiff breeze. If it's selling for $50/sq ft., it cost $20 square ft to build there.