100k off a 800k home isn't a big discount. Those homes need to drop another 300k to be reasonable. This IS NOT a FIRE SALE. 😆
@ericyuan97183 ай бұрын
It'll come next year. Corporations gotta put up a facade that things are still fine like "transitory" inflation. It'll crash next year when they can no longer afford to hold the bag and start desperately dumping inventory at whatever price they can get.
@parler86983 ай бұрын
Not yet.
@rafaelmariscal91703 ай бұрын
Some of the homes that ended up flooded in recent storms will probably end up being sold fairly cheap. Repairs can easily run into the $100k+ mark for just a basic starter house.
@Koushi823 ай бұрын
100k on a house with 250k in materials selling for 800k
@CaptainCaveman11703 ай бұрын
@@ericyuan9718 And when they can drop it all on Trump's lap.
@fusion823 ай бұрын
Them houses are still over priced with a $100,000 price cut
@realestatemindset3 ай бұрын
Agreed
@ericyuan97183 ай бұрын
First house $500K tops.
@fusion823 ай бұрын
@@ericyuan9718 I agree. And that's still high for the majority of people including myself.
@gobot44553 ай бұрын
My first house in Katy, Tx was about $380k for 4200 sqft.
@rafaelmariscal91703 ай бұрын
Why would anyone want to take on a $15 000 to $20,000 property tax liability. If I lived in Texas I would want the value of my property to NEVER exceed $200k in value.
@STXLoneStarLiving3 ай бұрын
I used to live in this area, your daily commute involves running toll roads and if you work downtown it's an hr and a half drive daily with no wrecks or rain.
@marisamartini19753 ай бұрын
True and it's not a straight route either. Also 45 will be under construction for 10 years
@PsyrenZeroАй бұрын
agreed, I imagine daily commutes from fulshear being more than $200 per month and if you leave at 7 - 8am you are sitting in bumper to bumper traffic
@statewench28283 ай бұрын
This is Texas and living on top of the neighbors is a NO GO for me. I'd rather buy a 1/2 Acre and custom build for that $700,000
@csh0003 ай бұрын
There are hundreds of 1/2 acre lots or larger currently for sale in Houston area for $400k or less. $300k to build puts you at $700k. No need to live so close to neighbors.
@julianospina67823 ай бұрын
Eyy Travis, There are some new constructions on Katy that the builder did not compact the ground. So everytime that rain, the backyard become mud. Last weekend this becomes more evident because the storm. All fences went down because the ground on the pickets were not compacted enough.
@maryp83883 ай бұрын
Those prices are way too high! Even with the $100K-$200k deductions. Those homes used to be $200-$400K pre pandemic
@rolandoaponte90623 ай бұрын
Not really, although some of the posted price is speculation driven, most of the increases experienced are inflation driven (workers salaries, cost of materials, permits cost, etc). For this type of houses the $400k level would not attract any developer at all, creating a housing supply crisis.
@TheDnlnext3 ай бұрын
Another thing that I think will affect the housing market is 1) oil & gas prices 2) oil and gas company mergers. The mergers come with job cuts redundancy. I’m an engineer and been in the industry for over 20yrs and we see that down cycle starting. Brace for impact! Yes, I know that Houston has broad industry. However, oil and gas has a massive domino effect 🤷♂️
@Mellowyellow88883 ай бұрын
actually that is not true for all parts of O&G.. i'm a Geo.. technical folks are far and few within the companies already.. i see technical work from super majors that i scoff at thats not up to par esp with some of the younger folks that lack mentoring.. you'd be lucky to also find any new hires come colleges.. US grads in geo are far and few..
@sanpreetminhas7958Ай бұрын
@@Mellowyellow8888 As you said, geo are far and few. But majority of employees are from other areas in operating orgs and are deeply affected especially if you are far from the production field since companies are looking to cut overhead costs in any way possible be it outsource it to a consultancy at a lower rate or try and offshore it. In terms of overall budget and headcount geos are small portion of the workforce. So the 4 severe oil price collapse in last 16 years will be like the last 3. There was a time when enthusiasm for the field had disappeared for a reason, people were just exhausted with the ups and downs.
@CynthiaArmstrong73 ай бұрын
People want to live closer to the city. Those prices are so high, my family has to rent to live in those “desirable” areas. The areas you highlighted are far-flung in the boonies with zero urban amenities. I appreciate your effort to bring to light that homes in the boondocks, post pandemic are not attractive to people and young families. We bought our home in the Energy Corridor and we were in a bidding war with 8 people. Location, location, location.
@jamesamous58542 ай бұрын
Where is the energy corridor?
@dayapo513228 күн бұрын
@@jamesamous5854 i10 east starting at beltway 8 going outbound.
@OneOut13 ай бұрын
Flood zones in certain areas of Houston do exist. Hail is not a problem. Traffic is.
@hood68543 ай бұрын
Something seriously wrong is happening in Houston, they are also laying off boatloads of teachers.
@realestatemindset3 ай бұрын
I can't believe I left that out. I meant to cover that. Your 💯
@e.t.10883 ай бұрын
Houston ISD has been and continues (even up to last week) layoff teachers, custodians, techs etc. But then again, everyone knows HISD had it coming due to their "practices". Fulshear and Montgomery County are RED counties and very sought after.
@Gary654373 ай бұрын
Houston needs to raise property taxes.....gulp
@bvssrsguntur63383 ай бұрын
On top of 3.3%????
@-OBELUS-3 ай бұрын
@@Gary65437 NO.
@LeoGains3 ай бұрын
I bet these houses wouldn’t have been priced at $400k back in 2012 when I moved to HTX. Inflation on display here. They need to keep discounting for these overpriced homes. Unless you can pay cash or pay it off fast within 5 years it is a debt trap.
@user-yn9tv3pw6u3 ай бұрын
Idk, 100 off a 700k home seems like no big deal to me.
@realestatemindset3 ай бұрын
If you just bought a 700k house it hurts even more
@House_hacker_6193 ай бұрын
@@realestatemindsetAt 700k that’s insane it’s almost California prices already. I bought my 2nd property in August 2022 using VA loan for 685k with rate of 4.375, no down payment, no hoa or mello Roos and my mortgage is only 4200. Also Texas has higher taxes than California thanks to prop 13 and thank god I didn’t wait.
@bvssrsguntur63383 ай бұрын
Calif doesn't have HOA property tax etc?
@House_hacker_6193 ай бұрын
@@bvssrsguntur6338 I lived in older community with no HOA and mello roos and our tax is not as a high as Texas. California Prop 13 limits the property taxes to 1% of assessed value and annual increase.
@House_hacker_6193 ай бұрын
@@bvssrsguntur6338 my 1st property in San Diego I purchased during crash in June 2009 for 175k. I’m only paying $2400 annual property tax
@ernestoramirez74663 ай бұрын
Jobs are now starting to get harder to come by. People moving here believing there are lots of jobs yet Texas is also way overhyped and overpriced.
@realestatemindset3 ай бұрын
Fair enough thank you sir
@susanemig9723 ай бұрын
These builders deserve to loose big bucks. It’s sickening how they cram those huge houses on top of one another. Nothing but greed. I’ve lived in a lovely subdivision in the Woodlands for 35 years. We have huge yards & nice wide streets. And my 35000 sq ft house has quadrupled in value since we purchased it. It’s all inflation which is just about to bring the entire economy down. Fiat currency has ruined the lives of the middle class
@jkmarshall35533 ай бұрын
Dang Bruh! 35000 sq ft.... you live in a Walmart or something?
@salo11293 ай бұрын
@@jkmarshall3553that is hilarious 😂
@c-mobucks49303 ай бұрын
You must mean 3500sf... Quadrupling in value is about right for something built in 89'.
@crackerjackB3 ай бұрын
Now adjust for inflation
@gt57133 ай бұрын
It's wild to pay that much money for a place with zero large trees.
@kylerooney893 ай бұрын
I make over six figures easy. I would never pay over 180k in TX. I'm planning on buying in cash and skipping the mortgage after the economy falls on it's ass after the elections.
@WordMadeFlesh7773 ай бұрын
You need to pay cash because the property tax will be as much as the mortgage. I just moved from here because it was getting stupid…
@WestCoasHaze3 ай бұрын
Looking to 1031 to a 1 million dollar place 😂
@jlawson263 ай бұрын
Where do you live?
@jgringo55163 ай бұрын
Yep! Piss on any mortgage.
@herculesh19073 ай бұрын
Good luck...you be waiting for years
@c-mobucks49303 ай бұрын
Missouri City isn't southeast, it's southwest. Those communities you showed are so far outside of the city of Houston that these buyers would have to drive at least an hour each way to and from Houston if they work in the city. Also the highway into the city from Fulshear is westpark tollway, Seinna has the Ft Bend tollway... So added expenses to get to and from the city.
@TheMexenrique3 ай бұрын
We’re all used to it. It’s very normal
@Mellowyellow88883 ай бұрын
@@TheMexenrique its not normal.. if u want to pay toll and waste like 1.5 hour of your life driving to and from work. also i have never heard of anyone saying these areas have the best school districts or even "good" ones.. its always Sugarland, Katy, Pearland..
@jt0820053 ай бұрын
People do drive a long ways around here, but I wouldn't really consider these City
@happyzahn80313 ай бұрын
@@Mellowyellow8888 Sugar Land (right next to Missouri City) is great - been there plenty of times. Houston not so great. All in all, its way to humid and hot for too long for me. Plants love it though.
@jamesamous58542 ай бұрын
@@Mellowyellow8888getting ready to rent in sugar land, will buy in a year, I was looking at all 3 the cities you mentioned, are all 3 subject to flooding or just Mayby peatland?
@roysandoval82303 ай бұрын
HOA is very heavy in this area $$$$$$$❤
@angelafariscal80203 ай бұрын
HOA IS A RIPPED OFF
@AquariusTurtleАй бұрын
HOAs are evil corporations used by the neighborhood nazis to oppress and steal from you.
@amberfire23 ай бұрын
Magnolia,Missouri City Fulshear and the other towns you mentioned are not Houston and you will drive in traffic for over an hour each way to get into Houston to work
@kvanly3 ай бұрын
These homes are too close to each other, and the wood fences are ugly. The prices need to come down 30% more.
@bycracky223 ай бұрын
Minimum
@ellyne38633 ай бұрын
Completely agree. These prices are still way, way, way bloated and delusional.
@diegolara42023 ай бұрын
They need to come down 30 percent because you say so? The market dictates the cost of something. As longa s someone is willing to pay those prices your wish will just be a dream.
@ronintheyorky44263 ай бұрын
They could be at 50k I still wouldn't buy any of these new homes ever, I'm glad I stay in Houston with a older home that has its land
@balloonhead2043 ай бұрын
I live in magnolia, all those new neighborhoods are having water issues too. They are building the communities too fast and the infrastructure cant keep up. People in those neighborhoods were getting like 1500 dollar water bills. It made the news, the mayor said they wouldnt turn anyones water off until it got resolved but they did it anyway. Beware if your gonna move to magnolia. Im looking at the existing home market in the area. Thanks for the info!!
@ericyuan97183 ай бұрын
How long would it take for you to commute to downtown Houston at rush hour?
@Gary654373 ай бұрын
1500 water bill, now that's Bonkers
@Donkiko-bz1lv3 ай бұрын
@@ericyuan9718 like 2 hours plus you gotta pay tolls 💰
@balloonhead2043 ай бұрын
@@ericyuan9718 If you have a toll pass probably like 45 mins with no traffic, no toll pass 1 hour to 1.5 hours depending on traffic
@WestCoasHaze3 ай бұрын
Really? I was looking at magnolia. So would I have to make sure there is well water for a house and not city water or is there well issues too?
@jasonm.87493 ай бұрын
The property taxes in Texas are outrageous. Usually around 2.5% That's over $1,000 a month for a 500k home.
@jgringo55163 ай бұрын
It’s damn near all 2.9 or higher all around Houston. I’m from here (52 years). It’s all a chithole here. Massive traffic everywhere, and it’s an immigration mecca. If you’re American, look somewhere else. Just keeping it real.
@earthlynnone73833 ай бұрын
@@jgringo5516my family is here or I would have never returned after 30+ years after I left for college. I will never return after leaving this time ...
@RobinOConnor-ex7tk3 ай бұрын
There's no state income tax. Of course, property taxes are high. State's got to make money somehow.
@jsilvas101Ай бұрын
Don’t forget the yearly HOA Fees, you get what you pay for. In my area, we have a non emergency number for police assistance. A policeman patrols our area and parks within the subdivision. Other neighborhoods near me pay far less an and complain that police never show up or they’ll show hours later.
@AquariusTurtleАй бұрын
@@jsilvas101 Who cares if police show up or not. They are not there to protect you or your property. Supreme Court has twice ruled on this. Police are ONLY there to work for the city, mostly "revenue operations", under laws which may or may not benefit you. If you want security, that is your own responsibility. You live in a state where firearms are still Constitutionally protected. Be a man, take responsibility instead of being a woman and outsourcing your defense to another man.
@winniethepoohandeeyore23 ай бұрын
Love the boots on the ground, shows what's going on for the hardheads.
@primecash1443 ай бұрын
People can't afford to not pay attention. 😢
@TheTruthAlwaysHappens3 ай бұрын
How is it possible you ask? It was already $400,000 overpriced 🤣
@realestatemindset3 ай бұрын
🤣🤣🤣 I set myself up on that one
@marques100103 ай бұрын
Those houses are worth 300k to 375k at best .. 700k is covid buffoonery!!!
@mikkinikki19023 ай бұрын
$175k houses all day long...
@ellyne38633 ай бұрын
At least!
@earthlynnone73833 ай бұрын
Scam
@kevinwolford01223 ай бұрын
I live in Sienna and we have lots of houses that been sitting on the market for days and we see the prices dropping and people taking losses. It’s insane!
@benton-benton3 ай бұрын
I'm in central Ohio area. They say Columbus is the fastest growing city in the US. It's BS. Because people say Nashville is the fastest growing. Others say the fastest growing is Charlotte. Name any big city besides NYC or Detroit and they all say they're the fastest growing city. Question is, why do they want to 'grow'? Every city is crowded enough to begin with.
@jkmarshall35533 ай бұрын
I'd personally stay away from any "fastest growing city"... it never turns out all that great.
@nandkarthik3 ай бұрын
No way it is FIRE SALE. Prices increased since last year
@Einhander493 ай бұрын
Why do all these houses look the same? Who buys this crap? We're all just numbers to the 1%. Dont buy these houses devoid of any personality and soul.
@jkmarshall35533 ай бұрын
Sadly, that's what the US has become.
@marisamartini19753 ай бұрын
Precisely! And half and arms length away. Might as well be town homes.
@kevinsmith81153 ай бұрын
Giant cheap sh*t boxes stacked on eachother for sure. I like his channel but he goes into the absolute most boring ugly neighborhoods across the us
@tann_man3 ай бұрын
boomers do
@raytaylor30773 ай бұрын
Toll Brothers = DR Horton = Lennar = Perry = KB Homes ............etc etc etc. go look at reviews.
@earthlynnone73833 ай бұрын
EXACTLY 💯 SCAM ALERT!!! 😂😂😂😂
@Glatty563 ай бұрын
What is up with the tumbleweed blowing across the road at the 13 minute mark. I lived in Houston for 40 years and NEVER saw a tumbleweed. LOL.
@angelaeast18953 ай бұрын
Dude so far away from Houston. I would hardly consider some of these area as Houston metro.
@projectkj76433 ай бұрын
That’s in WEST Texas - 12 hours away! 😂
@khanfauji73 ай бұрын
After going up 100% - the 3% decline does not seem very exciting.
@Truehoon3 ай бұрын
Those prices are like when the sneaky auto dealer gives 5k off the prices they marked up extra 10k. These discounted prices are still overpriced and gonna cost the buyer 5k+ per month.
@earthlynnone73833 ай бұрын
Exactly. He needs to stop the 🧢
@user-om5wu8bi5d3 ай бұрын
890k in texas bro. Good luck selling these fast
@abbar11223 ай бұрын
I live next to a million dollar house that just sold and more being constructed...so they do sell
@Honeycomblife3 ай бұрын
We ain't got that kind of money what fools thought that was a good idea to make so many luxury communities that are far from both airports /galleria/downtown/upperkirby/med center /Montrose/heights
@jt0820053 ай бұрын
890k isn't what it was. Property taxes are high but other costs are reasonable. These sell fairly easily
@Gio-ue8ps3 ай бұрын
Sienna is not in magnolia. It’s in Missouri City
@sandrajohnson2832Ай бұрын
My old house 🏡 at 944 Dorothy in the Historic Heights sold for over 500,000. years ago and the Craftsman was torn down now a 2 story monstrosity now occupies its lot….Amazing how much a piece of property can go up in value over the years 😳
@averagemillennialinvestor3 ай бұрын
These areas are way out of "Houston" which makes sense why its getting price cuts. Most big/major companies are located inside 8, 610, downtown etc. Makes sense the further you go away from downtown, the more price cuts there will be.
@Mellowyellow88883 ай бұрын
Yeah this guys never points out these subdivisions are way far out.. i live close to 59.. not freakn by sennia.. barely seen any homes come on sale in my area.. county also published that year on year (march 2023/ vs march 2024).. prices only fell by a little.. and time on market obviously has been longer ...
@christiansantos71643 ай бұрын
Stucco is the worst exterior cladding for the rainy, hot and humid weather in Houston.
@Mike_2573 ай бұрын
Unfortunately, most of the houses are still at the high price with $100,000 price cut!!!!😢😢😢
@JazzysStyle3 ай бұрын
My friend lives in sienna, and she got her new house before homes jumped up 200-300 k in value and ended up with a lot of equity. However, these suburbs are not close to “Houston” as in downtown Houston. With traffic It can take forever to get to the city. Also, the established Houston/galveston suburbs close to downtown have been selling homes like crazy. Those near the water are fleeing because of home owners insurance and flood insurance. Manvel is another area with alot of land. Mansions and huge price drops in new construction. Property taxes are like 3.6% which is ridiculous due to the mud tax and not doable Crazy how cheap these areas were 10 years ago. Many people I know are trapped in their house due to low mortgage rates and high home prices compared to what It was previously Even 5 years ago
@Mellowyellow88883 ай бұрын
your statement saids it all.. sennia is not remotely close to downtown houston as people might think.. its pretty far.. When people tell me they have to drive 45mins ONE WAY and plus pay toll.. to get to galleria or downtown.. thats way too far.. you just lost probably 2 hours of your life driving each day..
@movingonward3 ай бұрын
I work in Fulshear. You can't even fathom all the building going on. It's wild. So cool to see Travis near my work place!
@TylerTRAWW3 ай бұрын
That humidity is nuts!
@realestatemindset3 ай бұрын
I hate it 😅
@House_hacker_6193 ай бұрын
I know San Diego is expensive. The one thing I don’t have to worry about is humidity.
@FreeComputerTutor3 ай бұрын
Arizona is great. Hot and dry.
@JBlazeCalifornia3 ай бұрын
Humidity is tough.. We opening back up in The Bay area! Time to head back soon! Cheers.
@Sam-gs7yb3 ай бұрын
what are you talking about maybe a few days after it rained but it typically super dry. Plus we have mountains, no tornadoes and rare floods. We have beautiful Northern AZ 20-30degrees less in the summer 2-3hrs away. We have Vegas and Socal within 5hrs
@user-cy5de3jy3b3 ай бұрын
I just bought in Montgomery right next to Lake Conroe. For $360K I got a new 2780sqft home on a good sized lot with nice upgrades. Not sure how the builders ever thought they could get away with $800k.
@nano.joe.48513 ай бұрын
still massively overpriced. Also, who the hell wants to live in a house with neighbors 5ft on each side of your home? LMAO.
@mikkinikki19023 ай бұрын
future car hoard overcrowding situation...
@earthlynnone73833 ай бұрын
Ridiculous 🤣😜🤣😜🤣😜
@REWatchman4 ай бұрын
Getting rid of homes then singing “all my exes live in Texas”
@realestatemindset3 ай бұрын
Let's go!!! Happy Sunday brother
@steven43153 ай бұрын
My understanding is that Houston floods on a cloudy day.
@leetowers56683 ай бұрын
Im suprised the builders arnt hunting you down Travis 😁. Legend, thanks as always for the video 🔥🔥🔥
@davidtrimm38233 ай бұрын
Houston is a shit storm
@jgringo55163 ай бұрын
Hell yeah it is. I’ve been here my entire life of 52 years. This is the last city or area I’d moved to in Texas. Can’t wait to retire and haul azz. I’ve traveled all across the USA. Everywhere I’ve been blows this place away.
@teebone21573 ай бұрын
I'm glad. They're building houses, but d*** Everything is unaffordable to regular working Americans. The average income is not a 100000 a year, but these houses are at least half a million dollars.
@marisamartini19753 ай бұрын
Even with one making that much a year these home prices are out of reach.
@iati62943 ай бұрын
Last time I saw some cheap homes for sale in the Conroe area starting at 130k. They still seem overpriced since they were not being accurate with the description. Saying it was a 2 or 3 bedroom bit the 3rd room was missing, it was actually a small office upstairs with no walls or doors. The house looked like a townhome
@MavRick693 ай бұрын
Stucco on wood framed construction, in a wet and humid environment is a really bad idea. Wouldn’t buy one of those homes at any cost. Bonkers
@bigd22563 ай бұрын
Well that’s how it’s built
@Honeycomblife3 ай бұрын
Only under 100 k 😎
@earthlynnone73833 ай бұрын
🗑️🗑️🚮🗑️🚮🗑️🚮🗑️🚮🗑️🚮🗑️🚮😂😂😂😂😂
@transfixleo3 ай бұрын
FYI: Builder Reps do NOT have to be licensed agents. They also do not have to get Realtors! Therefore no CODE OF ETHICS to be followed
@jkmarshall35533 ай бұрын
True... they are employees.
@earthlynnone73833 ай бұрын
Looks sus....
@ldapit21l3 ай бұрын
These houses were $2-300,000 in 2013 for 4k sqft, 3k sqft $150-200k.
@johndoe1121able3 ай бұрын
i heard about housing market will crash but so far it's still going up at least in the Bay Area (silicon valley) of northern california.
@debaterforhim3 ай бұрын
There are homes almost as big with bigger yards selling for 200-300k in other neighborhoods. I think I would be way more interested in one of those.
@jeromehenry44843 ай бұрын
Love the walk-about & drone view.
@raytaylor30773 ай бұрын
100k off of already inflated price. heck go into the city and check out the Houston Heights McMansions. and also Montrose . gentrification etc. the real action is inside the loop.
@realestatemindset3 ай бұрын
Thanks for the intel
@jsilvas101Ай бұрын
Great info to monitor before buying. Also, Those areas you mentioned are so far out of Houston it’ll take 2 hours to commute across Houston on a busy date and avoiding accidents is inevitable. The crime is surreal! Have to be cautious wherever you go.
@miltonaldridge41703 ай бұрын
Haha "See that forrest over there? They're gonna DESTROY more earth and BUILD MORE over there!" 😅
@alexmack9563 ай бұрын
Redfin shows prices currently at record highs nationwide, PPSF.
@realestatemindset3 ай бұрын
That's because they keep editing the record price downwards. The true record was on their June 23, 2022, housing market report at $399,998. The current "new record" 4 week rolling is slightly over $384,000. The difference is $15,000.
@TheMexenrique3 ай бұрын
Also Lennar selling homes at one price then increasing price when they put it on pending/undercontract
@johnprice68053 ай бұрын
Fun Fact. In Texas, even you buy a home for 500K you will notice that the appraisers are quick to revise your appraisal value into the 600s. In that range your are paying 10-11K in property taxes.
@cherylcampbell74953 ай бұрын
10606 never buy a home with the bedroom over the garage. You can never cool it enough.i bought a townhouse and sold it because of the heat. Phoenix,Az..
@tangyjoe43263 ай бұрын
When I was still living with my parents they bought a new house and my bedroom was over the garage. The first morning my dad opened the automatic garage door I jumped out of bed and screamed because I thought the house was falling down. I occasionally spend the night there in my old bedroom and thankfully they got a newer quieter door mechanism but it’s still loud enough to wake me up. And they have luxurious thick carpet. Can’t imagine if it had wood floors. And it is the hottest room in the house.
@tharrrrrrr25 күн бұрын
💯
@texasflooring3 ай бұрын
I still can't believe I just saw a listing on this video for a home smaller than mine listed for triple what ours appraises for. I knew the market had become a little crazy around here, especially for Houston, but that is insane.
@ismaelquintero8913 ай бұрын
Damn, Houston traffic is getting bad 😢
@ooPegasus2 ай бұрын
Loved the video. I'm a local, and I have been curious about our housing market. I see tons of homes being built and for sale, but online makes it seem more limited. Thanks for the info!
@kevinsmith81153 ай бұрын
Been seeing some new construction over in 3rd ward lately. You should do a walking tour video over there😂
@earthlynnone73833 ай бұрын
Ikr?? 😂😂😂😂😂😂
@ericaking70873 ай бұрын
hmmm. do we really want people in our 'hood'?I keep asking myself, why so much building?where are they coming from? what jobs are going to support this? gentrification for sure. lets hope there are some strong community groups and civic leaders to keep the interloop growth under control. measured progress. This is coming from a girl with many years in Cali but strong TX roots - native houstonians and native texans. food for thought.we call it the bayou city for a reason. those ins co thinking historical flooding in the making and taking those risk calculations seriously.😅
@tooslow2do3 ай бұрын
Interesting. My 1st time watching you. Liked the video. Can you do an update video on these areas in 9 months?
@Christopher-n9j22 күн бұрын
Last savings & loan crash all those homes sold for 70,000 to 125,000 and that was in katy tx right now those homes are 350,000 max 3 hours of travel time from downtown houston
@Iheather933 ай бұрын
Bonkers! We were just looking at Marvida Trails in Cypress and noticed the softening on those new builds, as well as Breckenridge in Spring.
@vbb47413 ай бұрын
the problem in taxes or Huston property tax is very high and is unaffordable for elderly who do not have savings nest or high income, 350k house you need at least 1k for tax every month , so you should have net income over 7500 a month
@jsilvas101Ай бұрын
Lots of truth in this video! I bought my house at a $50k price cut after it was already reduced from its original price. It was the last house standing, located in a great community of homes up to million dollars, close to downtown, close to a school, events, and paid off within 15 years. Selling is tempting for what homes are worth right now.
@winniethepoohandeeyore23 ай бұрын
Live in an HOA, NEVER!
@realestatemindset3 ай бұрын
Fair enough
@lindajohnson.3 ай бұрын
Never again, we are in one now. Wish we could move.😢😢😢
@winniethepoohandeeyore23 ай бұрын
@testyterminal-bi5kj You'll never make it where I live in rural USA then lol. We have old trucks THAT RUN, we have tractors, we have other heavy equipment. Live in an HOA never!
@winniethepoohandeeyore23 ай бұрын
@@lindajohnson. If you can bail, look into a USDA loan. they cover areas of like 30-35k and less populations.
@winniethepoohandeeyore23 ай бұрын
@@lindajohnson. By doing that, all the funds you WONT be putting towards and HOA, That can go into extra payments on your principal and toss into savings.
@deedevries11233 ай бұрын
They are packed in like a can of sardines. Horrible, you couldn't pay me to live there.
@earthlynnone73833 ай бұрын
You are SMART!!!! 🤓😜🤓😜
@brucesalta32713 ай бұрын
It doesn't matter with thee token price cuts. These houses are still overpriced by 150,000 -$200,000 dollars. With tech companies slimming workers it is a big gamble to purchase a house. With increases in property taxes and HOA and potential CDD fees you have no control over. I live in Montana and we have no sales tax so when there is a shortfall the money comes from us homeowners with an increase in property tax.
@jimmierand55593 ай бұрын
Love the video and information, but the city of Houston is in Harris County. Houston County 1:13 is over 100 miles north of the city Houston, Texas
@angietyra96903 ай бұрын
We have been informed that by 2028, we will have 25000 new homes on FM 1486!😢. THIS IS INSANE-deforestation at a crazy rate! FOR WHAT?
@Ultrajamz3 ай бұрын
Houston was “over” for me once Katrina aftermath happened.
@JK-ks3xq3 ай бұрын
You're right! Katrina blew in all that trash from New Orleans and surrounding areas into Houston.
@Donkiko-bz1lv3 ай бұрын
Yup it was great city before that.
@kevinsmith81153 ай бұрын
Ironically New Orleans started to improve after Katrina
@cleverusernamecl55323 ай бұрын
@@kevinsmith8115 Storm flushed the toilet literally!
@jgringo55163 ай бұрын
Yeah, it went down the chitter quickly after importing the Sect 8 people. It’s an immigration war zone here. I’m from here. I don’t recommend it to any American.
@EmilyGloeggler79843 ай бұрын
You couldn’t pay me to return to Texas where I was born. No thanks. I prefer cooler temperate climates and specifically, far from the West Coast as possible after being in Los Angeles and learning about Fukushima and the long-term health problems resulting from anyone facing those regions.
@earthlynnone73833 ай бұрын
What area are you in now? I'm over LA too, even though I was born there and will always visit. TX is a damn dumpster fire and my family has owned land here and Louisiana for centuries....sharp decline in quality of life especially after this recent storm and current heatwave
@re87463 ай бұрын
I live in central Texas. New home sales are down 39% since 2022. Overpaying for a home could easily be financial ruin for most.
@marginbuu2123 ай бұрын
They're building these enormous homes for families but the trend is that Americans aren't getting married and having families. Would love to see the demographics on who is actually buying these.
@lindajohnson.3 ай бұрын
I can’t believe anyone would buy with the interest rates.😮😮😮😮
@realestatemindset3 ай бұрын
Agreed
@pennylanemitchell31703 ай бұрын
I lived in West Houston, Katy from 2011-2017. The growth and housing explosion was something that truly can’t be described. And still growing as evidenced by his visit!!
@fairbanj3 ай бұрын
I live out by the Katy area and I'm happy to say that it is still possible to buy a reasonable home in Houston. Our home was new construction in 2002, 3100 sq ft and we paid $175K. We are just a bit north of I-10, so commutes are not bad either. Today the home is worth $340K according to Zillow. I can't imagine paying 400-700K for a similar sized home in these other subdivisions that are even farther out in the suburbs.
@Gary654373 ай бұрын
Love to see your muddy boots on the ground. Shoot some video of the traffic driving to these places.
@jorgeposadas11923 ай бұрын
This is where all the way overpriced homes are and this guy is a salesman, good luck.
@DosxxinfinityАй бұрын
I just moved to Houston, what a disaster. I have so many pictures of new developments. They have used the cheapest materials. Unbelievable, where the hell is guideline’s of the government
@wisemanm63903 ай бұрын
I livd in Pearland, a little south of the Med center. We have very good schools all the way from Elementary to High school and House's are still selling, obviously not like a few years ago amid the bidding wars, but houses are still selling....
@georgedoolittle90153 ай бұрын
Not a real estate expert nor professional but people need to think small in the bust is my view/move dowtown have a 2nd home on the Gulf Coast that can work as a rental say in Galveston etc.
@jeffpruden32343 ай бұрын
There goes the neighborhood 🎉🎉🎉🎉
@user-pm3wc5jv3cАй бұрын
These homes are so massively overpriced that a $101,000 price cut is a joke. I hope these builders have to eat these houses.
@2TROLL13 ай бұрын
Houston', we have a problem🚀
@TheSoilandGreen3 ай бұрын
Lake Loraine sub division has 3 homes for sale. It’s one road in and out. No traffic in the neighborhood. Homes are in the high 300-500s.
@unisonosc16173 ай бұрын
@11:09 nice big truck and Challenger payments to boot!
@Redbull3573 ай бұрын
Sienna used to be called "Sienna Plantation" but a few people got offended and made them change the name.
@NSSLOVELY3 ай бұрын
Good!
@garciacuster16273 ай бұрын
Let's keep Cali outta Texas! God bless
@happyzahn80313 ай бұрын
I guess you don't get much for 700k these days. On another note, how many people actually have the jobs to support these prices? As for the resales in the super new neighborhood, perhaps some people bit off a bit more than they could chew and have to get out.
@twoistwo3 ай бұрын
We have income tax here in Texas in the form of sales tax and property tax. Also, those homes are far away from houston.
@nnaji103 ай бұрын
I’m sorry I stopped the video after you listed areas no one wants to live in
@winniethepoohandeeyore23 ай бұрын
Im surprised they arent building to rent them out like alot are doing.
@realestatemindset3 ай бұрын
They have subdivision like that throughout Houston
@winniethepoohandeeyore23 ай бұрын
@@realestatemindset I believe it, this 1 might end up doing the same as people tighten the spending
@Harley_Dude3 ай бұрын
As much as I want to purchase a home in Dickinson I can't dismiss the flood potential.