Is the housing boom over?

**1ViciousGSX** · 11-17-2005

It has alot to do with location. For what I paid for my house in Florida, I could be living in a "gated" community with security and a big ol' lake at my backyard in Louisiana. The housing market is still pretty strong here. I paid $290k for my house here in FL, but it appraised at $315K before I even got the papers signed.

Outlaw1 · 11-17-2005

I was shocked to see the price of houses in this area. Around Houston you can buy a nice starter home for ~$100,000. The houses around this area seemed to start in the mid/low $200,000's. I still don't understand where all the extra money goes. Is the land way more expensive? Are the materials more expensive? I'm I just in the wrong business?

**Shane@DBPerformance** · 11-18-2005

Quote:

Originally Posted by Super4x4Duty

I was shocked to see the price of houses in this area. Around Houston you can buy a nice starter home for ~$100,000. The houses around this area seemed to start in the mid/low $200,000's. I still don't understand where all the extra money goes. Is the land way more expensive? Are the materials more expensive? I'm I just in the wrong business?

Texas has some of the cheapest and most undervalued housing though.