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Started By
Message
re: Will the real estate bubble ever burst?
Posted on 4/3/21 at 9:46 am to LSUcajun77
Posted on 4/3/21 at 9:46 am to LSUcajun77
quote:
I offered the same and lost the home. It’s nuts. We loved the home and subdivision so I went over.
Never bet against yourself when buying a house. There will be others.
Posted on 4/3/21 at 9:50 am to madamsquirrel
quote:
I am now seriously considering putting ours on the market just to see what happens since our neighbor sold immediately for a ridiculous price.
Same thing going on around here but if I sell at a premium where am I going to go? Buy something else at a premium or just rent until the bubble burst? What if that never happens?
I guess I could always move to the farm
Posted on 4/3/21 at 9:58 am to tgrbaitn08
quote:Can’t give up on Pigeon Town already M8
where am I going to go?
Posted on 4/3/21 at 10:00 am to SuperSaint
It’s Gert Town. Get it straight
Posted on 4/3/21 at 10:01 am to tgrbaitn08
quote:
Same thing going on around here but if I sell at a premium where am I going to go?
Really good time to have multiple properties.
This is my first time "home-buying" although we own our current property. Offered on about 8 homes thus far in the last month or so. Not having a very fun time. I can't get past offering more than 10-15k over AND waiving the appraisal addendum completely. Really don't want to pull from stocks/crypto to help cover the difference in case appraisals come in way under offer.
But in the grand scheme of things, if you have the cash available and you have a home to sell. Wouldn't the extra value on the current property offset the cost of the new house? Even if the market corrects itself, my property will go down just like the new ones were are looking at.
I feel like this is consuming my life when it's supposed to be a "fun" process. Now even if I wanted to build with the company I work for I would have to wait months to even contract.
This post was edited on 4/3/21 at 10:08 am
Posted on 4/3/21 at 10:01 am to LSUcajun77
Might be a good idea to rent for 1-2 years. Not fun to throw away rent money but the real estate is going to crash. How much and how far is anyone’s guess. I am a professional in this department and it’s coming as sure as the sun will rise tomorrow.
Posted on 4/3/21 at 10:05 am to tgrbaitn08
The St. Thomas duct tapers,
The Valence Street kidnappers,
The Holly Grove bitch smackers
The Pigeontown chopper toters,
The Gert-Town fire smokers....

The Valence Street kidnappers,
The Holly Grove bitch smackers
The Pigeontown chopper toters,
The Gert-Town fire smokers....
Posted on 4/3/21 at 10:07 am to SuperSaint
Where is “pigeon town” exactly?
Posted on 4/3/21 at 10:08 am to SuperSaint
The 610 Stompers
The 610 Splits
The 610 Splits
Posted on 4/3/21 at 10:10 am to bigberg2000
quote:
Where is “pigeon town” exactly?
Leonidas

This post was edited on 4/3/21 at 10:12 am
Posted on 4/3/21 at 10:11 am to bigberg2000
Cowbell is in pigeon town
Posted on 4/3/21 at 10:14 am to bigberg2000
quote:
Where is “pigeon town” exactly?
Pretty much in Old Metairie

Posted on 4/3/21 at 10:20 am to tgrbaitn08
quote:
Old Metairie
Old Metairie

Posted on 4/3/21 at 10:22 am to SuperSaint
Thats the Lake Side of Old Metairie where t00f lives...
I posted the River Side of Old Metairie where Big Lee lived
I posted the River Side of Old Metairie where Big Lee lived
Posted on 4/3/21 at 10:31 am to Arbengal
Realtors downvoting my arse. Lol.
Posted on 4/3/21 at 10:35 am to yaboidarrell
quote:
Some houses on the fricking westbank are going for over $200/sq ft. We really are in a clown world.
We’ve been getting the when will the bubble burst posts for a helluva long time.
Posted on 4/3/21 at 10:41 am to Ancient Astronaut
You’re right, but every box was checked plus extras. I could not not try for a little extra.
Found two more, stayed true to budget, and gone within 9 hours of listing. Going to look at another this morning.
Have been thinking about building too, but lumber is sky high right now.
I’ll find something eventually, but it’s definitely stressful at the moment
Found two more, stayed true to budget, and gone within 9 hours of listing. Going to look at another this morning.
Have been thinking about building too, but lumber is sky high right now.
I’ll find something eventually, but it’s definitely stressful at the moment
Posted on 4/3/21 at 11:17 am to LoneStarRanger
quote:
I bought my house for $395k in 2014, it’s appraised at 1.1 Million by the county
County "appraisal" lol
Does anyone want to tell him?
Posted on 4/3/21 at 11:36 am to stout
quote:
County "appraisal" lol Does anyone want to tell him?
County appraisals in Travis County are always lower than the actual value.
Neighborhood values
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