Posted on 06/24/2021 9:20:50 AM PDT by bgill
Areas west and north of Austin are seeing the biggest boom in both median home prices and days on the market, according to the study.
Home owners are flocking to places like Marble Falls, Burnet, Leander and even Wimberley, where median home prices grew by 68%, the biggest jump of all zip codes.
While multiple factors come into play – including new tech giants moving to town – the coronavirus pandemic also played a significant role in this shift. Home building supplies ran into shortages, and people started working from home more, so commuting was no longer an issue...
The report also found that 29 zip codes in the Austin area had median home prices over $100,000 more than what they cost in the months leading up to the pandemic.
(Excerpt) Read more at kvue.com ...
Most likely, those fleeing the blue states looking for a liberal haven in the red states. That still would suck when it comes to turning a red state into a blue or purple state.
I call it the California reverse dust bowl carpet-bagger effect. The same kind of crap that’s happening in DFW and spreading like a disease into the ‘burbs. God help me I would love to build a wall completely around Texas to keep these idiots out.
The white areas?
Unfortunately they are all over Bastrop and Burnett, sucks.
I stay in an apartment near work. Designing my retirement home to build in a couple years. The lease renewal is around $300 more a month (20% increase). Crazy...
Hmmm, I know someone that sold their house in Austin last week and decamped to the midwest. Said they got 7 offers over list and sold it over a weekend.
The CA invasion has been going on for 20 years. They’ve brought their lib ideas with them and is why TX is so screwed up these days.
There is one area east of I-35. That’s where the minorities are all up in arms about gentrification.
Property taxes are calculated on sales from between 2-4 years ago.
There’s a nice long window before the higher taxes hit. One of my houses is up over 100k in the last year, my taxes are up zero. And I’m selling it soon. And it’s my principal residence so it’s tax-free sale as I won’t profit over the $550k limit. I bought my next principal residence about 2.5 years ago and used it as a second home. It will become my principal residence in a few months.
I bought my current principal residence in 2003 and rented it for 5 years before moving in and declaring it my principal residence.
There are many ways to skin the tax cat.
“Most likely, those fleeing the blue states looking for a liberal haven in the red states. That still would suck when it comes to turning a red state into a blue or purple state.”
If liberals can leave blue states and those states remain still blue, and can move to red states and turn them blue, then liberals are a huge majority in this country.
But they aren’t, it’s just a myth.
I’m hoping a couple of really hot Texas summers will send them fleeing back to where they came from....
We don’t have windows. In TX, property taxes go up 10% every year.
I think the blue meanies are fleeing to the fake Texas, Austin with the tech growth there and Cal tech firms moving to Texas while the red folks are fleeing to Dallas, the real Texas
......not necessarily....we live in one of Austin’s ‘burbs and have met a lot of former Californians who have simply had it with that liberal utopia [sic]....they are as conservative and America-loving as anybody you might want for a neighbor....they just want out of CA and they are NOT flaming-a**d liberals......
.......I dunno ‘bout that.....a bit of history.....
” . . .The modern air conditioner was invented by Willis Carrier in 1902, and textile mill engineer Stuart Cramer was the first to coin the term “air conditioning” in 1906.”. . .
I don’t know of many, if any, homes, offices, retail stores, etc. that do not have A/C today....
We don’t have windows. In TX, property taxes go up 10% every year.
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One way or another for sure.
Our old farmhouse out here got flooded from underneath(plumbing). It now appraises to very little after I took pictures to the tax assessor. We put a factory-built house next to it in the driveway and found out it actually depreciates yearly on taxes. What do they do? Suddenly the 1.9 acres is inflating at 5% to 10% per year, Some Beaches.
Hit 65 this year so they get to “freeze” my taxes until I’m gone now. School district got new buildings, fake grass for football stadium, etc....a major portion of the bill since we’ve been here for 30+ years.
http://appraisaldistrictguide.com/texas/exemption/over-65.html
http://appraisaldistrictguide.com/texas/forms/Over%2065%2050-272.pdf
The “Welcome To Texas” sign along I-10 coming from Louisiana has had “Texas” spray-painted over numerous times to read
“Welcome To Taxes” in my years here.
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