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Old 03-18-2019, 04:28 PM
 
954 posts, read 538,260 times
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Housing prices will never go back down to 2004/2005 values. The transplants keep moving here which drives up property values. Californians migrated en masse to the intermountain west and drove up property values in Salt Lake and Denver. I lived in both of those cities and there is no way I could afford a house there now. My parents paid 50k for their house in a small rural town 15 miles south of Salt Lake in the 1980s. That house is worth 350k today and new construction is in the 600k range. My old hometown is like Plano/Frisco and is nothing like it used to be. Progress comes whether we want it to or not...

The same thing is happening in DFW. The metroplex is supposed to have population growth into the 2030s. My property has increased 50k in 2 years. It is only going to go up unless DFW's economy implodes, which is not likely.

If you can buy a house do it now or you may find yourself priced out of the market completely.

Be sure to check out daycare it was $200.00 a week for my kiddo14 years ago...
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Old 03-18-2019, 10:14 PM
 
34 posts, read 24,632 times
Reputation: 70
Quote:
Originally Posted by Angie682 View Post
Housing prices will never go back down to 2004/2005 values. The transplants keep moving here which drives up property values. Californians migrated en masse to the intermountain west and drove up property values in Salt Lake and Denver. I lived in both of those cities and there is no way I could afford a house there now. My parents paid 50k for their house in a small rural town 15 miles south of Salt Lake in the 1980s. That house is worth 350k today and new construction is in the 600k range. My old hometown is like Plano/Frisco and is nothing like it used to be. Progress comes whether we want it to or not...

The same thing is happening in DFW. The metroplex is supposed to have population growth into the 2030s. My property has increased 50k in 2 years. It is only going to go up unless DFW's economy implodes, which is not likely.

If you can buy a house do it now or you may find yourself priced out of the market completely.

Be sure to check out daycare it was $200.00 a week for my kiddo14 years ago...
Yeah I agree with what your saying. We are a one income family and I will be a stay at home mom. That’s why we will have to be smart with home buying Bc the way things are these days it’s pretty hard to be able to do it. I would say by the end of the year we will prob be in the market to buy.
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