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Old 03-12-2021, 12:59 PM
 
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Quote:
Originally Posted by kidyankee764 View Post
I still don’t see much evidence of the average 400k Austin home going for 200k more. You’d have to show me some serious evidence, not just one listing, to make me believe that’s a true assessment of the metro as a whole.

And like I said, even if it were true, that is *not* a good thing. That’s horrific.
Just connect with realtors here. One can’t show you very much in a non disclosure state. Contact them. They will tell you how much homes are selling for and then you will know if it is or is not legitimate...

... and I never said it was good, I just said it’s happening.
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Old 03-12-2021, 01:03 PM
 
Location: Houston(Screwston),TX
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Quote:
Originally Posted by EscAlaMike View Post
How do your high schoolers feel about being uprooted at that age? Are they cool with the move? It might be best to hold off until they graduate...

But in answer to the question, if you're needing to be near a major city, I think Texas' major cities beat Florida's for the most part.

Miami is its own world and it's really apples to oranges to compare it to anything in Texas. You are either looking for Miami or you're not.

Tampa/St. Pete is probably a fair match against either Houston or DFW - but DFW has much colder winters and is nowhere near any beaches.

Broward/Palm Beach counties are much more 'mainstream' than Miami-Dade, so it may be an option; but it's more expensive than just about anywhere in Texas I would bet.

Orlando may be comparable to Austin - or at least the most comparable FL city to Austin.

Jacksonville could probably be fairly compared to San Antonio.

Having said all that, I wouldn't consider any of these major cities as "live and let live" type places. You probably want to look at smaller cities.

What, to you, is "close enough" to a big city, and which of FL and TX's cities would you consider "big"?

Personally, I don't care for big cities. If I were considering whether to live in FL or TX, I would be considering small and medium sized towns. And for me, Florida wins that matchup as it has a ton of great small towns (TX probably does too, but I'm just not as familiar with them).
Born and Raised in Texas and outside of Houston, Dallas and Austin there's not a small or medium size city I would consider living in Texas. And I'm from a small city in Texas. I'm glad I grew up in East Texas don't get me wrong but not really my cup of tea and I don't think most small and medium size cities in TX would appeal to a lot of transplants when comparing to Florida. I can see the appeal of Tyler or San Marcos and maybe Waco and Bryan-College Station but meh.
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Old 03-12-2021, 01:19 PM
 
21,634 posts, read 31,242,597 times
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Quote:
Originally Posted by Need4Camaro View Post
Just connect with realtors here. One can’t show you very much in a non disclosure state. Contact them. They will tell you how much homes are selling for and then you will know if it is or is not legitimate...

... and I never said it was good, I just said it’s happening.
Again, need an actual source for verification, not “it’s happening”. It’s an anecdote. If every home sold in greater Austin was selling at 50% over asking, it would be big news.
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Old 03-12-2021, 01:56 PM
 
Location: OC
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Quote:
Originally Posted by kidyankee764 View Post
Appraisal and market value are two completely different things. That being said, if this is true, then Austin is in for a world of hurt. Proceed cautiously.
Austinites know they're in a world of hurt. That's why they're anti growth. Citizens are not welcoming. Hell, even UT wants t oget smaller.

Quote:
Originally Posted by Need4Camaro View Post
Here is a list of prices in Steiner Ranch (suburban area of Austin) and how much they have escalated in just one year...
https://www.realestateinaustin.com/s...QuN-QGbF1cq5JI

This home appraised for $586k in 2020 but sold for over $900k in 2021 and this is also in the suburbs, not even close to Downtown.
https://www.realtor.com/realestatean...4_M76509-32783
Dude I wouldn't even pay 586 for that home. Round Rock sucks!! That's a 350k home in Houston. Austin is way overpriced. Pass.
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Old 03-12-2021, 02:10 PM
 
11,842 posts, read 8,045,546 times
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Quote:
Originally Posted by kidyankee764 View Post
Again, need an actual source for verification, not “it’s happening”. It’s an anecdote. If every home sold in greater Austin was selling at 50% over asking, it would be big news.
I've told you multiple times, you cannot publicize information that proves of disproves the actual selling prices of homes in the state of Texas, it is not legal in this state. This is due to it being a non-disclosure state. The only valid evidence you can truthfully obtain is directly through the MLS which requires an agent. The information on websites such as Realtor / Redfin / ect are based on prior year appraisals and bank 'estimates' at best. They are not factual data. The only place you can get factual information in TX is directly through an agent. I can provide sources but they would be no more factual than what you have 'public' view over. This is why I encourage you to do your own research with agents in the field who have direct access to real estate sources, they would be more accurate than either of us.
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Old 03-12-2021, 03:15 PM
 
21,634 posts, read 31,242,597 times
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Quote:
Originally Posted by Need4Camaro View Post
I've told you multiple times, you cannot publicize information that proves of disproves the actual selling prices of homes in the state of Texas, it is not legal in this state. This is due to it being a non-disclosure state. The only valid evidence you can truthfully obtain is directly through the MLS which requires an agent. The information on websites such as Realtor / Redfin / ect are based on prior year appraisals and bank 'estimates' at best. They are not factual data. The only place you can get factual information in TX is directly through an agent. I can provide sources but they would be no more factual than what you have 'public' view over. This is why I encourage you to do your own research with agents in the field who have direct access to real estate sources, they would be more accurate than either of us.
You don’t think if this was a common and widespread phenomenon in Austin, the media would have picked it up? The fact that this isn’t national news, which it surely would be if true, tells me it’s not as common as you think.
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Old 03-12-2021, 03:17 PM
 
21,634 posts, read 31,242,597 times
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Quote:
Originally Posted by Gaylord_Focker View Post
Austinites know they're in a world of hurt. That's why they're anti growth. Citizens are not welcoming. Hell, even UT wants t oget smaller.

Dude I wouldn't even pay 586 for that home. Round Rock sucks!! That's a 350k home in Houston. Austin is way overpriced. Pass.
And all that aside, 900k for a 5,000 sf home in the suburbs is insanely affordable. Try finding that in a safe Miami suburb. You’re talking double that - and it wouldn’t even be overpaying.
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Old 03-12-2021, 03:38 PM
 
11,842 posts, read 8,045,546 times
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Quote:
Originally Posted by kidyankee764 View Post
You don’t think if this was a common and widespread phenomenon in Austin, the media would have picked it up? The fact that this isn’t national news, which it surely would be if true, tells me it’s not as common as you think.
https://www.bizjournals.com/austin/n...mains-hot.html

https://www.zillow.com/research/zill...ts-2021-28667/

https://www.statesman.com/story/busi...ic/4160628001/

https://www.kvue.com/article/money/e...9-65766917995e

-- The below are LISTING prices, after all offers, they will be sold for more considering multiple offers. MLS is the only source you can get the true price a home sells for in TX, this is why this is a waste of time and energy - Third party websites cannot in any way show or accurately reflect the selling price of a home. No source of news can accurately depict that in TX either once more for the same reasons, it is a non-disclosure state. If you want the truth, regardless if you believe me or not, the best source is a realtor. That will give you the most unbiased and unfiltered information.

Take a look at the Sales/Tax Tab information for these properties and it will give you an idea as to how much their listing prices have increased.

https://www.redfin.com/TX/Round-Rock.../home/32743862

https://www.redfin.com/TX/Round-Rock.../home/32547523

https://www.redfin.com/TX/Round-Rock.../home/40948967

https://www.redfin.com/TX/Round-Rock.../home/32765736

https://www.redfin.com/TX/Round-Rock.../home/40948967

Last edited by Need4Camaro; 03-12-2021 at 03:49 PM..
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Old 03-12-2021, 05:28 PM
 
21,634 posts, read 31,242,597 times
Reputation: 9809
Quote:
Originally Posted by Need4Camaro View Post
https://www.bizjournals.com/austin/n...mains-hot.html

https://www.zillow.com/research/zill...ts-2021-28667/

https://www.statesman.com/story/busi...ic/4160628001/

https://www.kvue.com/article/money/e...9-65766917995e

-- The below are LISTING prices, after all offers, they will be sold for more considering multiple offers. MLS is the only source you can get the true price a home sells for in TX, this is why this is a waste of time and energy - Third party websites cannot in any way show or accurately reflect the selling price of a home. No source of news can accurately depict that in TX either once more for the same reasons, it is a non-disclosure state. If you want the truth, regardless if you believe me or not, the best source is a realtor. That will give you the most unbiased and unfiltered information.

Take a look at the Sales/Tax Tab information for these properties and it will give you an idea as to how much their listing prices have increased.

https://www.redfin.com/TX/Round-Rock.../home/32743862

https://www.redfin.com/TX/Round-Rock.../home/32547523

https://www.redfin.com/TX/Round-Rock.../home/40948967

https://www.redfin.com/TX/Round-Rock.../home/32765736

https://www.redfin.com/TX/Round-Rock.../home/40948967
And still, not one of those articles proves that listed 400k homes are selling for 200k over asking metrowide, as you suggested.

They predict Austin will be number 1. Predict, being the key word here. And it very well may be, but you’re still not confirming your initial claims.
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Old 03-12-2021, 07:59 PM
 
11,842 posts, read 8,045,546 times
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Quote:
Originally Posted by kidyankee764 View Post
And still, not one of those articles proves that listed 400k homes are selling for 200k over asking metrowide, as you suggested.

They predict Austin will be number 1. Predict, being the key word here. And it very well may be, but you’re still not confirming your initial claims.
I’ve given you 10 listings each one showing a home that has increased by $200k or more between 2019 and currently each listing having pure evidence thereof those increases based on the previous sales information or tax information versus current listing prices.

I’ve also told you how to find unbiased information.

You’re going to believe what you’re going to believe and quite frankly, that isn’t my problem, however; your opinion doesn’t make what is happening any less real.
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