Home prices bottomed out?

[distractedbyzombies]

Originally Posted by texdav

I don't think they have but by teh time we know they will ahve satrted up amonth befre. When the fed wil raise interest rates is also a important factor;besides others.

Thanks, that's a good point. Then again, they may extend and sweeten the incentives for home buyers. Looking at my budget, I really won't be ready to buy until Nov/Dec anyway, so I might just take the gamble.

[distractedbyzombies]

Originally Posted by Oildog

Look at www.har.com I've fouind it to be pretty good. I had a 2/2 TH in River Oaks for about 250k, any less than that in those areas and its going to be sketchy. You may find a 2/1 in Midtown for 220k but not the place really for kids.

Really? 250k for a 2/2 isn't bad at all for that area. I'm not sure I even bothered to search River Oaks!

[distractedbyzombies]

Originally Posted by modster

Don't fool with Trulia or Zillow or anything like that. Get your agent to run comps. You are looking at some of the most popular close in areas there are.

I would recommend you look just on the north side of Garden Oaks in Shepherd Park Plaza, Candlelight Plaza, and Candlelight Estates. These are less architecturally interesting than the typical Heights & Garden Oaks properties, but you can get a lot of square footage in some very nicely maintained areas and still be close in. You can run them on HAR and see.

Actually, after doing a bit of lurking, I'm starting to look at your area. Quick commute to the Med Center, doable drive to my son's school (I drive Binz to 18th st in the heights four times a day, at present) and shopping, people keep up their homes, and after fifteen years of my parents living off of 1960 and I45, I'm used to the block by block nature of Houston. There's a place on Glenvista I'd almost make on offer on tomorrow, if I could be sure of what the flyovers from Hobby are like at night. With where my parents lived, I got a couple of years back in the day of Intercontinental action, but they were a bit further away. Is it joltingly loud over there when you're in your house, does day or night make any difference with the numbers of flyovers, and would you be able to tolerate a neighbor who plays so far out in left field?

[EasilyAmused]

There never was a slack in price in the prime areas. So, there's no bottoming out.

[EasilyAmused]

Originally Posted by modster

Don't fool with Trulia or Zillow or anything like that. Get your agent to run comps. You are looking at some of the most popular close in areas there are.

I would recommend you look just on the north side of Garden Oaks in Shepherd Park Plaza, Candlelight Plaza, and Candlelight Estates. These are less architecturally interesting than the typical Heights & Garden Oaks properties, but you can get a lot of square footage in some very nicely maintained areas and still be close in. You can run them on HAR and see.

Zillow. That Hack of a program. It's so far off in pricing around here...Talking 100's of thousands. Do they not pull in comp numbers at all.

[modster]

Originally Posted by distractedbyzombies

Actually, after doing a bit of lurking, I'm starting to look at your area. Quick commute to the Med Center, doable drive to my son's school (I drive Binz to 18th st in the heights four times a day, at present) and shopping, people keep up their homes, and after fifteen years of my parents living off of 1960 and I45, I'm used to the block by block nature of Houston. There's a place on Glenvista I'd almost make on offer on tomorrow, if I could be sure of what the flyovers from Hobby are like at night. With where my parents lived, I got a couple of years back in the day of Intercontinental action, but they were a bit further away. Is it joltingly loud over there when you're in your house, does day or night make any difference with the numbers of flyovers, and would you be able to tolerate a neighbor who plays so far out in left field?

More or less the neighborhood sits in the "V" of the runways. Garden Villas and Meadowbrook freeway get more of the noise. There is one listed in there for $103,000 as Glenbrook but it is over in Meadowbrook so it gets more noise.

Every now and then, if they are re-striping the runways or changing bulbs, they sometimes divert the traffic to a N/S one that normally only does smaller private planes. Then you notice it. Otherwise really not much at all.