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View Poll Results: If you were given $300,000 for a home would you take it and move to TX or CA?
I would move to Texas 40 44.94%
I would move to California 28 31.46%
Neither 21 23.60%
Voters: 89. You may not vote on this poll

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Old 02-11-2008, 07:15 PM
One Ostrich at a time....
  
Join Date: Jun 2006
1,843 posts, read 1,495,964 times
Reputation: 407
shannon94 is just really niceshannon94 is just really niceshannon94 is just really niceshannon94 is just really niceshannon94 is just really niceshannon94 is just really niceshannon94 is just really niceshannon94 is just really niceshannon94 is just really nice
Quote:
Originally Posted by sheri257 View Post
Actually, Texas homes don't even appreciate at the national average. It's well below average.

There is a ton of data on this ...

Moderate Texas home appreciation means healthy market | Real Estate > Real Estate Sector Performance from AllBusiness.com

RealEstateJournal | Your Home Isn't the Nest Egg That You May Think It Is

TEXAS’ HOME APPRECIATION MODERATE [southtexasrealestate.satxweather.com]

The Wall St. Journal graph is probably the most compelling example ... the Houston appreciation rate is practically a flat line for the last 30 years.

Sorry but there HAS to be a reason why Texas home appreciation hasn't even kept up with the rest of the country ... namely, poor wages.
And here's more data : (2007 by the way)
Dallas Real Estate Blog: Texas Surpasses National Home Appreciation Rate

I'm happy with MY appreciation.....I guess its different when you need your home for cash. I agree with MOM all the way. We will retire early as well. Buying in Texas freed up alot of money for us. You know not everyone in Texas is a nurse Sheri....lol. I LOVE my part time job..... and my husband makes more doing the same thing here in Texas that he did in California. Can you believe we haven't been fired yet???
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