Accdg to CNN Money - SA now has higher median price than Houston and Dallas for 1Q 2007

[montevista1]

ok robert i own 4 units in san antonio so i know about taxes. I also live in L.A. Take any property here and multiply it by 4x minimum and you get the price you would pay in L.A. If you compare a bad area in San Antonio to bad in L.A. then we are talking about multiplying it by 6-8X easy. Yes your taxes are double, but a shack in a gangster ridden neighborhood is 500-600k!

[montevista1]

I live in the san fernando valley a place with apprx 2 million people considerd by most to be middle to upper middle class. The median home price is 625K in San Antonio its 150K... I will pay your taxes anyday over carrying a 600k mortgage!

[Bayag_Mo_Gago]

Originally Posted by montevista1

ok robert i own 4 units in san antonio so i know about taxes. I also live in L.A. Take any property here and multiply it by 4x minimum and you get the price you would pay in L.A. If you compare a bad area in San Antonio to bad in L.A. then we are talking about multiplying it by 6-8X easy. Yes your taxes are double, but a shack in a gangster ridden neighborhood is 500-600k!

Come on now, give me a break! No house in south central is going to sell for $500-600k! Let's throw in Riverside and San Bernardino counties while we're at it and see what the shacks go for in those areas.

[winst0n]

Originally Posted by wCat

Kevin makes a good point. When a city stats are quoted, it's good to know if they include the smaller cities ie in SA there is Alamo Heights, Windcrest, Terrell Hills, Leon Springs, Helotes, Olmos Park etc. that are all incorporated cities. Every metro area has them....

The report column heading says metro area -
Austin-Round Rock
Dallas-Fort Worth-Arlington
Houston-Baytown-Sugar Land
San Antonio

So I'm assuming the incorporated cities in SA you mentioned are included, same goes with Houston, Dallas, and Austin.

[montevista1]

i am a loan officer and i can tell you i have done loans on those houses for 400k. trust me i know what i am saying. san bernadino and riverside is not l.a.

[saywhat?]

I agree with you totally on the ugliness of the concrete bases....houses are built up so high - well, there goes the view. Ah, the irony.