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Reply #9: Housing is cheap here in the DFW area of Texas [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Rage for Order

(1000+ posts) Send PM | Profile | Ignore

Fri Feb-09-07 11:21 PM
Response to Reply #6

9. Housing is cheap here in the DFW area of Texas

FOr the most part, you're looking at around 80-100 per square foot, depending on the neighborhood, and salaries are in line with other large metropolitan areas. I know a couple who sold their home in Monterey, CA and moved here. They had THREE mortgages on the home in CA (and it was small, about 1000 square feet), held it for 2 years, then sold it about 18 months ago and made $250,000 on it. They now live in a beautiful 3000 square foot home and have a very manageable $50,000 mortgage after putting $200,000 down.

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