The only thing I think can really fuck with the SW market (in non-primary cities, like Phoenix, ABQ and SF, which have a whole bunch of different things driving the market) is water. It's poor enough that even keeping up with the housing bust, it is way behind. LC kinda is still in boom, mainly snowbirds/retirees fleeing the Gulf and CA's markets. But they are mainly buying new construction, and few of the locals can afford that. Seriously, I think 1/3 of the working pop is employed by the public schools, and no way in hell can they afford the new stuff. Hell, even NMSU employees would have issues.
And wells are going dry on the mesas.
Yeah, water's definitely an issue. And our neighborhood is part of the problem, extending utilities instead of infill.
Someone is selling a house on my street, which was originally a 2 bdrm, 1 1/2 story exactly like mine, but they renovated the 1/2 story into a full story (adding an extra bedroom),and they are asking $108k more than I paid for mine a year and a half ago. It still only has one bath and it's on the first floor, so the other upgrades must be fab.
You should go look! And report back.
This creeps me out a little but mostly makes me laugh: [link]
Okay, I'm finally home from a stressy day at work and I can't go in Reality or Procedurals because I haven't had a chance to watch Bones or PR yet, and now I come in here and have to ignore all the scary real estate talk. Why isn't it all about meeeeee?
Here's something non-stressy - I think I've found my sister-who-has-everything's Christmas gift... [link]
She is a Coke (a-Cola) fiend who spends a lot of time at her computer. It's perf, right? So funny. And cute. And ridiculous and random. This is a fun site.
Fuckme, the feral kitten my parents tried to do a trap-neuter-release on, as a good deed? Died in surgery. Dad is sad.
I HATE this fall.
Ah, sara, that is so sad.
Zillow seems about right for my street. Although it doesn't reflect the house 3 doors down that was put on the market for 269,900 (about $20k more than what they've been selling for) and had an Under Contract sign put on it almost immediately. I know they did a lot of work on the place but still...they are all the same size and basic configuration.
