Thank God We’re In Texas
While interviewing Julia Wellborn, regional president for Wachovia Bank Texas, she tells me that we are fortunate to be here because our economy is not going to hurt as much as other parts of the U.S. will suffer. That lucky horse shoe sentiment is expressed by a pecan pie company in Houston – their logo: “you might give some serious thought to thanking your lucky stars you’re in Texas. ” Maybe pecan pies carrying that sentiment would make great gifts for anyone whose home is on the market — in Texas.
2 Comments to “Thank God We’re In Texas”
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not related to this post but I noticed something odd in the listings lately and wanted to know what you think.
There are a few listings that have increased their prices recently.
Mainly, one in Farmers Branch was listed a couple of months ago for 699K, now it’s listed for 779.
Another in far north Dallas was listed at 700K, now listed for 800K (but updated to say they will now pay for a custom pool - although I don’t think they are planning for a 100K pool to justify the price increase). What is going on? Are homes selling for more $ than expected, is that why listing prices are going up and/or homes relisting for a higher price?
Thank you.
Maybe it’s a phychological ploy, jack up the price and when buyer offers a lower price(the one the seller started with), the seller gets the price they needed and the buyer thinks they are getting a bargain?