http://crosslandteam.com/blog/2006/12/03/californians-can-learn-from-texas-about-falling-home-values/ Austin Real Estate Blog Fri, 11 May 2012 17:13:15 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://crosslandteam.com/blog/2006/12/03/californians-can-learn-from-texas-about-falling-home-values/#comment-77280 Alex Thu, 23 Apr 2009 18:25:28 +0000 http://ben.crosslandteam.com/blog/2006/12/03/californians-can-learn-from-texas-about-falling-home-values/#comment-77280 I guess now AUSTIN is as expensive as CA with 3x higher property taxes! So this article was wrong after all! I guess now AUSTIN is as expensive as CA with 3x higher property taxes!
So this article was wrong after all!

]]> http://crosslandteam.com/blog/2006/12/03/californians-can-learn-from-texas-about-falling-home-values/#comment-420 Oscar Tue, 26 Dec 2006 04:10:31 +0000 http://ben.crosslandteam.com/blog/2006/12/03/californians-can-learn-from-texas-about-falling-home-values/#comment-420 The California market is a cyclical one and very vibrant at that. The Southern California market had its share. Late seventies--big boom--many areas more than doubled in value. Early eighties--sizable bust--homes lost a little over a quarter of worth. Late eighties--sizable boom--homes nearly doubled in value. Early nineties--big bust--homes lost close to a third of value. Late nineties and early 2000's--gigantic boom--home values nearly tripled!! Late 2000's--I foresee a crushing 40 percent devaluation. Texas can learn from California about busts. And Californian's can learn about housing price fundamentals from Texans. The California market is a cyclical one and very vibrant at that. The Southern California market had its share. Late seventies–big boom–many areas more than doubled in value. Early eighties–sizable bust–homes lost a little over a quarter of worth. Late eighties–sizable boom–homes nearly doubled in value. Early nineties–big bust–homes lost close to a third of value. Late nineties and early 2000′s–gigantic boom–home values nearly tripled!! Late 2000′s–I foresee a crushing 40 percent devaluation. Texas can learn from California about busts. And Californian’s can learn about housing price fundamentals from Texans.

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