• Pat Flood (@rebarcock) passed away 9/21/25. Pat played a huge role in encouraging the devolopmemt of this site and donated the very first dollar to get it started. Check the thread at the top of the board for the obituary and please feel free to pay your respects there. I am going to get all the content from that thread over to his family so they can see how many people really cared for Pat outside of what they ever knew. Pat loved to tell stories and always wanted everyone else to tell stories. I think a great way we can honor Pat is to tell a story in his thread (also pinned at the top of the board).

The Most Splendid Housing Bubbles in America: “House-Price Inflation” out the Wazoo, Ignored by CPI.

I mentioned this in another thread, but my neighbor is a seasoned RE agent. He is usually never concerned about the market, but he is really nervous about what is happening right now. Great anecdote, I know - I'll go KMS now
 
Builders are cutting so many corners in my area...

-Porches that you can’t fit a rocking chair on

-no mailboxes (central mail station at front of neighborhood)

-front yards are smaller than the driveway

-and the latest skim is one garage lite over the garage door instead of one on each corner. 🤷🏻‍♂️
 
Builders are cutting so many corners in my area...

-Porches that you can’t fit a rocking chair on

-no mailboxes (central mail station at front of neighborhood)

-front yards are smaller than the driveway

-and the latest skim is one garage lite over the garage door instead of one on each corner. 🤷🏻‍♂️
Some of th new designs I see are just ugly
 
I have two houses on Lake Travis in Austin. They sit side by side and share a lot line. One is an Airbnb that generates around 50k per year. Because of the ridiculous market I can sell the Airbnb and clear about 700k. Thinking it is time to pull the trigger before Mr Potatohead jacks CG to 43%
 
This is an issue I have, I bought a foreclosure in 2010 for half of what it sold new for in 2006. I could sell the house now and come out with more than I paid for the house in my pocket after paying off the mortgage.

Problem is then I would have to buy a new house to live in or build and lumber prices are way to high to make building an option right now.
 
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