Friday, August 7, 2009

$115,000 is the "new" $100,000

When I started my real estate career, you could still get a good house for right at $100K. Rowlett, Mesquite, South Garland were good neighborhoods with 1,500 sq. ft. or so and perfect for the starter-home-buyer. First time buyers ate those homes up and all an agent had to do was show them about 35 or so and BAMN! A Sale was Born!

Today, that market is very much the same, just a little more expensive. Becky and I sold our $100K home for about $115K and that's indicative of the starter-home market today.

Behold, one of JTOden Realty's best in that price range, the Flood's home at 809 Parker in Mesquite. MLS#11179085.