Expect a crash in housing, along with the rest of the economy, if BO cheats and lies his way back into office. These glimmers of hope are solely based on the possibility that the First Dictator will lose.
Even if Doofus Obumble loses, Obumblecare must still be repealed and I doubt the Stoopid Party will be able to find enough testosterone to git ‘er done.
For now homes around $500,000 are selling somewhat better than the lower priced ones. Local realtors seem to think the huge influx of people from other states who are used to paying substantially more is driving this portion of the market.
Most of our immediate area which is adjacent to Friendswood has a number of homes priced from $200,000 to $250,000 which are generally 4 bedroom, 3 bath and very nice. Considering financial times, it would seem to be to be more prudent to buy a less expensive home and save or invest the remaining funds elsewhere. There certainly is no guarantee that the Texas economy will always remain as strong as it is now. Certainly such spending habits are one of the things that contributed to the current economic stress being experienced by many families today.