I've been over on the Aggieland board in the past few months. Wife and I are looking for houses/land etc. I'm living in a small apartment until we can find an area that we like and commute back to Cypress on the weekends.
Most builders are telling us $256 per sqft and that includes the lot. Lot prices themself are crazy with 1/3 acre lots to 1/2 acre lots at 200K plus. Over in Bryan the price is around $225 per sqft. Resale housing for anything in the last 4 years is about $216. Is it just a shortage in homes that causes this? I've had agents tell me the BCS never bottoms out like Houston/Austin and don't expect a drop. Bridgeland area is about $209 to $229.
I'm guessing trades may be harder to come buy but suppliers shouldn't be an issue. A market bears what a market bears.
Most builders are telling us $256 per sqft and that includes the lot. Lot prices themself are crazy with 1/3 acre lots to 1/2 acre lots at 200K plus. Over in Bryan the price is around $225 per sqft. Resale housing for anything in the last 4 years is about $216. Is it just a shortage in homes that causes this? I've had agents tell me the BCS never bottoms out like Houston/Austin and don't expect a drop. Bridgeland area is about $209 to $229.
I'm guessing trades may be harder to come buy but suppliers shouldn't be an issue. A market bears what a market bears.