I recently saw a 1,100 sq ft house in Edgeley ND offered for $11,000. That’s the cheapest house of which I have first hand knowledge that’s located in the US.
In ND outside of Fargo, in order to sell a house first you have to get someone to buy it, it appears that the price is a secondary consideration.
I live in Austin. I would never say there is no chance Austin prices will go down but Austin has experienced less of a runup in prices than california and florida did. Austin has a pretty wide range of prices for different areas. Although Austin is seen as inexpensive downtown Austin is alot more expensive than the suburbs.
Anx,
Do you not see the obvious problems with your question?
Lots of growth does not equal inexpensive.
Not crashing anytime soon equals stable prices and not likely to go up much either.
But most importantly, you just put on your speculator hat!
Take it off and find a place you want to live and build your life there. If that means renting for a while longer so be it. That is the best advice you’ll get anywhere.
.
