Is Texas real estate slowing down?

[jewozzy]

Not yet. There some here, just haven't got any pics. My friend has a lease north of us by a few miles, he's shown some pics from his cams.
We're off 1320, just north of the river.

Nice. My buddy has a ton of Axis at his place. I always see a decent amount of blackbuck on the way to Stonewall to get beer.

[Ruffdaddy]

Its happening!!! Sales down 12%...listings up 43%!!!!!

https://www.dallasnews.com/business/real-estate/2019/02/15/d-fw-home-sales-listings-explode-property-purchases-declined-january

[Gasser64]

I doubt this, but hey why not. Is there a chart somewhere online where the real estate market can be tracked? Would it be nationwide, or would it have to be state by state?

[Rick Modena]

Its happening!!! Sales down 12%...listings up 43%!!!!!

https://www.dallasnews.com/business/...clined-january

About fucking time! This shit has been ridunkulous. And this 4%+ interest is straight up fucking bullshit...

[TX_92_Notch]

About fucking time! This shit has been ridunkulous. And this 4%+ interest is straight up fucking bullshit...

It's great if you're selling or renting (as in, the landlord)...

[Ruffdaddy]

About fucking time! This shit has been ridunkulous. And this 4%+ interest is straight up fucking bullshit...

Agreed. I'm ready to buy some land and everything nearby is just some asshole that bought 30+ acres and is trying to sell it in 5 acre plots for damn near his total purchase price.

I need to see land come way down!!!

[bcoop]

About fucking time! This shit has been ridunkulous. And this 4%+ interest is straight up fucking bullshit...

Grab your ass with both hands, because it’s going to get much higher.

[Broncojohnny]

I still have not bought a house but my rate is now 3.625%.

[Rick Modena]

I still have not bought a house but my rate is now 3.625%.

That's about where my rate is at and it looks like I'm staying put...

[bubbaearl]

i still remember when rates hit 16% . i have had rates of 8-9% over the years . selling our place this summer for 10k an acre . raw land just keeps climbing . i see some spec houses falling because there are so many of them .

[BradM]

I did 3.5% last month.

[The King]

i still remember when rates hit 16% . i have had rates of 8-9% over the years . selling our place this summer for 10k an acre . raw land just keeps climbing . i see some spec houses falling because there are so many of them .

I think they got into that 16% range when Carter was in office. A house I had in the early 1990’s was around 8%, and I refinanced it several years later to around 5%. Currently our rate (fixed) is set at 3 1/8%.

[krazy kris]

When I bought a house in 2012 I got a 3.25 with not shit for credit I think I had a 620. When I moved out to the sticks in 2017 I had perfect credit dang near 800 and the best I could find was 4.25. I sure hope it falls out so maybe I could refinance.

[Ruffdaddy]

i still remember when rates hit 16% . i have had rates of 8-9% over the years . selling our place this summer for 10k an acre . raw land just keeps climbing . i see some spec houses falling because there are so many of them .

From what I've seen out here...raw land seems to have slowed down the price climb massively at the end of 2018. Maybe that's just the seasonal nature of things...but I dont expect it to trend opposite home prices much as developers stop gobbling land up.

We shall see.

[bubbaearl]

i'm hoping this summer will be a hot market . just cleared new boundary lines through the woods ( young mans game ) so i'm set for spring showings. not a lot for sale in this area on paved roads . i have noticed several sub division style places going in around stevenville . we have mountain lake estates but not much else . they just built a 7400 sq ft place across from me down by the river.
all i need is one Cali transplant or Yankee .