Selling/Buying a House in Today's Market

[Indy Coug]

I paid $75 a square foot last year and I have a solid, if unspectacular house.

[Topper]

You can buy a modest condo in Summerlin for less than that. Much less, if you're not looking for TPC.

[Joe Public]

I'm walking through a home today that's listed at $92/sq ft. Good size yard and swimming pool. Maybe this should go in the what's right with Texas thread.

I have a market analysis for my development in Houston right now. $88/sq ft. is the average. If you are paying over $100/sq ft., you better be getting one hell of a house in Houston.

I will be less bummed over this come late July/early August.

[Omaha 680]

Our lease is up next year and we are considering buying if we stay. $600/SF for a new place in Harlem is a "good deal".

Edit: This combined with crazy common area fees for most condos make it almost impossible for mortals like me to buy a comfortable place.

[Donuthole]

You can buy a modest condo in Summerlin for less than that. Much less, if you're not looking for TPC.

Less than what? I can't wait to see how cheaply I can move my family of 6 into a condo.

[MarkGrace]

I was mind blown that you can buy anything at $150 a sq foot. Then $92, $88 and $75 showed up. Wow. That is amazing.

[MarkGrace]

Our lease is up next year and we are considering buying if we stay. $600/SF for a new place in Harlem is a "good deal".

Edit: This combined with crazy common area fees for most condos make it almost impossible for mortals like me to buy a comfortable place.

Harlem :rockon2:

[Paperback Writer]

I'm walking through a home today that's listed at $92/sq ft. Good size yard and swimming pool. Maybe this should go in the what's right with Texas thread.

I have a market analysis for my development in Houston right now. $88/sq ft. is the average. If you are paying over $100/sq ft., you better be getting one hell of a house in Houston.

I will be less bummed over this come late July/early August.

For sure, unless one is in Moliere's pool 24/7 during the Houston summer. Some folks I know in the Dallas area take their kids, leave their husbands, and head for the Mormon west until just before school starts up again in late August.

[cowboy]

I was mind blown that you can buy anything at $150 a sq foot. Then $92, $88 and $75 showed up. Wow. That is amazing.

Homes in my neck of the woods are $25-$45, if you take the wheels off yourself. Seriously, I sometimes wonder if I live on the same planet as you people. I built a home 6 years ago and didn't cut any corners. With land and all utilities, I'm into it for about $80. I did a lot of work myself, and I was the general contractor, so that saved a little. Also, there is no building code up here, so no inspectors, and the only permit I had to get was for a septic system. I think new homes in town cost $80-$160 if you hire a general contractor to do everything.

[Dwight Schr-ute]

I'm willing to slum it. I would need a government job to afford a house in Summerlin.

[Uncle Ted]

For sure, unless one is in Moliere's pool 24/7 during the Houston summer. Some folks I know in the Dallas area take their kids, leave their husbands, and head for the Mormon west until just before school starts up again in late August.

Very true. In fact, I wonder if they should combine Dallas wards in the late summer months like they did when I was a student.

[HuskyFreeNorthwest]

I was mind blown that you can buy anything at $150 a sq foot. Then $92, $88 and $75 showed up. Wow. That is amazing.

$150 a foot is a pretty good deal.

[falafel]

$150 a foot is a pretty good deal.

I will sell you my place for $145/sq. ft. today. You're down here enough that you should have your own pad.

[Uncle Ted]

Our lease is up next year and we are considering buying if we stay. $600/SF for a new place in Harlem is a "good deal".

Edit: This combined with crazy common area fees for most condos make it almost impossible for mortals like me to buy a comfortable place.

"There are three things that matter in property: location, location, location."

[Moliere]

For sure, unless one is in Moliere's pool 24/7 during the Houston summer. Some folks I know in the Dallas area take their kids, leave their husbands, and head for the Mormon west until just before school starts up again in late August.

The home was spectacular. Upgraded lighting and large detached garage with a nice pool and spa. However, the lot sucked as the backyard was small (would have been without the pool) and it was at the entrance of a subdivision. Guess $92/sq ft was about right but we won't be paying it. Hopefully something else opens up during the summer that fits the criteria.