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Market Conditions in 76262 : Real Estate Advice

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Fri Sep 11, 2009
Usa Resident answered:
It depends where you are moving from. The last I checked, Texas was still part of the USA. If the majority of the country is in real pain, don't expect people moving to TX for a better life to have a lot of dough to plunk down. The thing you guys should remember is that the population is aging and retirees cannot pay high property taxes. No income tax is nice but remember you don't pay income tax unless you are making money. Beyond that just about EVERYONE has experienced a tremendous loss (either on real estate investments or stock or both). Try not to gloat - my experience has shown that although you may not be suffering today because your end of the boat is still above water, don't expect it to remain that way if the rest of the ship is on its way down. ... more
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