Is Texas real estate slowing down?

[Sean88gt]

You going to permit people to hunt? Taking my son for his first hunt this year.

[dcs13]

Well boys, its great here. Got here around 6 last Friday. Enjoyed the Brewery in JC. screw Loose Blonde is good..
My neighbors seem to approve of me so far..

[Broncojohnny]

I got approved for a 4.125% locked for seven years interest only loan this week. It is 2007 all over again!

[lincolnboy]

I need to move into something cheaper. Paying $2,300 a month. Shit too high now a days

[black2002ls]

Those fuckers were the ones pouring gas on the sparks to get this going. We looked at new construction, and builders are starting to load up on incentives.

There are house-poor folks all over right now, if the equity evaporates they are in deep shit and will have to ride it out.

The new construction incentives are builders looking to move inventory for the end of the year so they don't get hung with a ton of spec homes come January 1st. Now is the time that we focus on meeting our business plan, and controlling end of year inventory.

Interesting, always heard this was busy time because people were trying to get in for the school year.

I would think it is going to be busier for the pre-owned home market more so than new construction. Anyone looking to buy during the summer months won't find a builder who can build them a home from dirt in time to get them closed for the school year. There may be a spec in process or a finished spec sitting there that would work, but we generally see a little bit of a slow down this time of year in most neighborhoods.

The neighborhood I am in now, is an exception to the rule. My salesman is selling 2-3 every week.

[dcs13]

Yeah, the wife is a member at a couple wineries. I haven't tried the JC brewery yet, I'll check it out.. Really looking forward to it.. Closing is 9 am friday, after that Dallas is in my rear view except to visit..

[Ratt]

I might be a full blown wino if I lived in Hye between Lewis, William Chris and Calais. The brewery over in Johnson City is good too.

That Brewer IS good. My parents live in Johnson City, and I take a trip over there every time I visit.

[GrayStangGT]

Hye Texas...The Hill country..

I might be a full blown wino if I lived in Hye between Lewis, William Chris and Calais. The brewery over in Johnson City is good too.

[The King]

Nice place to be going...enjoy! Open a distillery or such...north Tejas will look good in the rearview mirror no doubt.

[dcs13]

Where you heading?

Hye Texas...The Hill country..

[The King]

What is now entertaining is seeing actual OpenDoor signs posted outside houses...foolish owners took the bait. At least the 2-3 solicitations snail mailed every week to sell have now slowed considerably.

[Sean88gt]

Listed our rent house Mid May, had contract in a week, it closed within month. Listed ours mid June, had contract within a week, closes friday..
Adios North Texas..

Where you heading?

[dcs13]

Listed our rent house Mid May, had contract in a week, it closed within month. Listed ours mid June, had contract within a week, closes friday..
Adios North Texas..

[Sean88gt]

July and August are traditionally slower than spring. Families focus on getting their kids into school, vacation, etc. Talk to any inspector and realtor... it's not nearly as good form them as the spring.

Interesting, always heard this was busy time because people were trying to get in for the school year.

[Sean88gt]

Just talk to a realtor, they will tell you it is still ON FIRE!

Those fuckers were the ones pouring gas on the sparks to get this going. We looked at new construction, and builders are starting to load up on incentives.

There are house-poor folks all over right now, if the equity evaporates they are in deep shit and will have to ride it out.