Austin market koka 🙏

[Gaali_Gottam_Govinda]

Competition for a limited supply of Texas land for sale pits investors, developers and end-users against each other in a feeding frenzy across the state.

Research Economist Dr. Charles Gilliland with the Texas Real Estate Research Center (TRERC) at Texas A&M University monitors the rural land market. He said activity exploded in the West Texas region that includes Wichita County.

"Buyers snapped up small, medium, and large properties,” Gilliland said. “Many subdivided the large properties, quickly selling the smaller tracts.”

Observers expect higher prices in the near future in the region, he said.

But if the market is hot here, it's gone absolutely crazy in the Austin area.

“If you want property in this region, take a number,” Gilliland said. “Brokers have buyers lined up. Buyers are coming from as far away as Alaska and as near as Austin, Houston, and Dallas,” he said. “Meanwhile, investors from India have an insatiable appetite for land near the City of Austin and Williamson County. In many cases, these buyers make offers that exceed asking prices.”

Land in the Panhandle and South Plains is selling at record prices mainly to farmers flush with cash from government stimulus payments and strong commodity prices. Gilliland said sellers of land in Far West Texas as asking unrealisitic prices.

Demand in the Dallas-Fort Worth Metroplex has buyers "eagerly purchase any properties for sale," he said, and South Texas activity was marked by sale of large properties which were subdivided and quickly sold as smaller parcels.

https://www.timesrecordnews.com/story/news/2021/12/10/insatiable-appetite-texas-land-makes-prices-soar/6438347001/

[sureshkonda]

texas ki antha enduku buildup vaa ? salaries are lowest in the nation

[Pavanonline]

3 minutes ago, sureshkonda said:

texas ki antha enduku buildup vaa ? salaries are lowest in the nation

Adi California vallani adagali 😜

[kevinUsa]

1 hour ago, Gaali_Gottam_Govinda said:

Yeah true to some extent....... Builders andaru Low Housing inventory choosi dhairyam gaa leptunnaru Prices... Once Supply chain ease ayyi..... Okka sari Housing Inventory 2019-2020 levels ki vellithe......... then they will panic.

Bro if they can manage supply they can inflate the prices

[AnandaVivek]

9 hours ago, Pavanonline said:

Adi California vallani adagali 😜

Exactly baa…Texas lo local vallu evaroo konatledhu..bay area lo afford cheyyaleni vallu, company move valla vachina vaalle kontunnaru…

[AnandaVivek]

10 hours ago, Pavanonline said:

For last release in jan this was 663k+ now 743k+ . kontunnaru kada ani full pindestunaru builders.

https://www.taylormorrison.com/tx/austin/leander/bluffview-60s/floor-plans/agave

I am also watching this property…oka 150 more vesukovali list price ki minimum for upgrades and lot premiums

[nokia123]

11 hours ago, Simple123 said:

main problem : Influx of the people from Cali and other states.  Slowly  they will realize the austin is not cheap anymore. 

 

Inko mini cali laaga thayaru sesearu already…idhe continue ithe inka cali ki ditto laaga cali-2 avuthadhi short time la 

[nokia123]

10 hours ago, Gaali_Gottam_Govinda said:

Yeah true to some extent....... Builders andaru Low Housing inventory choosi dhairyam gaa leptunnaru Prices... Once Supply chain ease ayyi..... Okka sari Housing Inventory 2019-2020 levels ki vellithe......... then they will panic.

Supply chain issues will continue like this for next 1.5-2 years for sure…due to ports and container/drivers issues

[no01]

Bay area lo property tax entha? heard its below 1%, is it true? 

akkada property tax thakkuva, but house prices are high and sq.ft is less.

TX lo high property tax, but bigger houses than CA....

[Swatkat]

18 hours ago, Simple123 said:

Demand and supply issue … interest rate hike + stocks coming down .. will cause a housing market slow down . It is just matter of time 

Ma lanti youth ki @Raja_Returns nuvve @Simple123 inspiration bro. 

[BeerBob123]

Bought my 3rd house in Santa Rita ranch ba

coventry builder di

[Swatkat]

6 hours ago, nokia123 said:

Supply chain issues will continue like this for next 1.5-2 years for sure…due to ports and container/drivers issues

Yeah bro even avatamiki 1-2 years epudithey taggadhu. 2023 we can expect prices gradual kindhaki mingesthaye. Save cash  

[Swatkat]

Just now, BeerBob123 said:

Bought my 3rd house in Santa Rita ranch ba

coventry builder di

Thanks bro @anna_returns_2 ki oka night ki free ga kavalanta evaro gf tho amyamya

[newtoselenium]

On 2/20/2022 at 6:20 PM, Simple123 said:

Once office start avuthe vuntundi asal maaza.. aakkada nunchi downtown side vellali ante vachipotundi. 

domain is 40 mins drive - most of the IT big companies are in domain not downtown...it is still good community to buy ronald reagan to toll road entry

[newtoselenium]

Just now, newtoselenium said:

domain is 40 mins drive - most of the IT big companies are in domain not downtown...it is still good community to buy ronald reagan to toll road entry

tax nraket it 2.4 compare to other communites in austin