House Prices - what is yours worth now?

[sheri257]

Originally Posted by rotorholic

Yeah, I will keep telling myself that in my nice 3,000sf home that is paid off by the way, good luck in breaking even up in the high desert were homes sell under 100k

Actually average price in my area is about $220K. We already have a buyer and will still make profit. Luckily we bought cheap before prices got out of whack so ... it's not a problem.

As for 3,000 square feet well ... it could be 10,000 but, Texas is still Texas ...

It's just not for me. I lived there before and was miserable.

[FalconRanch1]

I moved to Texas after selling at the peak of the "boom", paid my house cash. Now i had lived in California my ENTIRE LIFE 39 years!! I have been here in Texas, in a suburb of Houston called Katy. I have been here for about three years and let me tell you......i LOVE it. I would NEVER consider moving back to California. The public school system is a JOKE in California. My kids were having trouble at the beginning because schools on my side of town are extremely competitive and challenging. I have paid my 3,000 house CASH and am happy to say that it has gone up 25% since i moved here. In fact i just moved to another house 1 year ago, that sweet rent i get from the paid-off house is helping me pay off my other house. YOUR telling me that California is better right now, i dont think so. The most Fortune 500 companies are not located in California or New York, but TEXAS YA'. So i think my move was an awesome move becuase the same house i had in California is now worth 300K less than what i sold it for. Thank God, Thank God.