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You can get a home in the heights for 600k, montrose newer homes are 700-1m. You can do it!!
But this doesn't really answer the question. It doesn't really make sense when you consider the income distribution in Houston. There 10x more upper income homes than there are upper income households.
My wife and I are in the 97th percentile of HHI in Houston and 650K at these interest rates is a stretch for us.
I know you are looking for inside the loop, however if you decide to expand to the beltway let me know! I own a David Weekly home near City Centre, 2 minutes from I 10 and the Beltway.
I'm a realtor on the side and own a few property, feel free to DM me to chat more
They are attorneys, specialty doctors, CEO, people with family money, people who prioritize location over other spending, and people who bought 4 years ago.
I bought in the heights in 2017 before prices and interest rates went through the roof. Property taxes and home owners insurance costs are starting to make my eyes water
I'm looking in heights as well.
How much you bought it for in 2017?