Is 18% of Prosper TX on sale?

3,073 Views | 51 Replies | Last: 4 min ago by scd88
TommyBrady
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HTownAg98 said:

TommyBrady said:

How many of those are new construction?

I would guess a few hundred at least

Depends on the builder if they put them in the mls or not. Many don't.


The vast majority up here in Celina are added
PDEMDHC
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Live in far east prosper. Have about 18-20 for sale out of 400 homes or so. One guy is military and reassigned. Talked with two more… youngest kid graduated HS so selling and downsizing. The 400,000+ gains seen in 10 years helps pays for school and gets a smaller home with plenty down.
ChoppinDs40
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Long time prosper resident here

The city is very transient now. People come for jobs, people leave for jobs.

People move for schools. Kids graduate, they downsize and leave.

Property taxes eat you alive in Texas in a big home where valuations go up 10% every year. Median price in prosper now is like 870k or something like that. That's ~$21k in property taxes.

I think there are lots of people that overbought. Sections of our hood were basically being sold sight unseen at the height…. 1.5mm++. I bet many of those have now lost 10%+ equity on that.

Also, many people that move here don't understand property taxes and mortgage lenders do people no favors understanding the homestead exemption.

Was talking to two families that are listed right now:

"Just want to see what we can get, if we can get what we paid, we're moving to Tennessee". Just up and moving.

I think insurance, gas, taxes, and keeping up with the joneses has stretched many too thin.

When I find out that there's a realtor, underwater basket weaving influencer, engineer, etc with a SAHM living in a 1.2mm house, it makes no sense to me.

Now I see the unraveling.
Garrelli 5000
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"mishandled" is being nice. Your client is ****ing moron. God willing tax payers aren't in the hook.

annie88
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Wrong forum.
I don’t get enough credit for the things I manage not to say.
YouBet
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SupermachJM said:

Argyle went from <1% Asian when we bought 2 years ago to >8% this year. Don't know where they're all coming from but there's a little cabal of them at our HOA meetings that all sit together and band together to try to get things passed.

Indian or Oriental?
ChoppinDs40
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100% Indian
Micah97
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We moved to Celina 12 years ago. We are looking to move further north absolutely due to the middle eastern and Indian invasion. I take my kids to the park and more than half the kids have a mom wearing burkas or dots. I don't care if people think it's racist. I want to live in an area where the dominant population shares my cultural values.
Gateman
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This is a new build going for $1.3 million in Prosper. Is it just me or is that some really strange architecture?
Hubert J. Farnsworth
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Kenneth_2003 said:

Cowbird said:

I have 3 friends selling their house there to move down towards the Ellis County side. Said every house on his street now is foreign family's with sometimes 12-16 people living in the home. Crazy times for north Texas.


The single generation single family residence is a very western concept.

Multiple generations in a SFR in the East is I think the norm.

Then again I wonder how much food stamp fraud and other assistance is going on with that too... Our system really isn't setup to multigenerational households


We need Nick Shirley to spend some time in Texas investigating.
YouBet
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ChoppinDs40 said:

100% Indian


Then we should say that. This new found trend of using Asian for Indians makes me insane.
AggieVictor10
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ChoppinDs40
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Build em high and let them fly.

I partially blame the builders for allowing 2 master suites in their floorplans these days.

Mama Ganesh can come stay for months at a time.
Hubert J. Farnsworth
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YouBet said:

ChoppinDs40 said:

100% Indian


Then we should say that. This new found trend of using Asian for Indians makes me insane.


The British government does the same thing with the middle eastern muslims. They call them Asians. Sure it's technically correct, but we all know that they are just trying to tie them in with the much better behaved Far East Asians.
scd88
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I suspect the crime rate will skyrocket with all these Indians moving to the area...
TAMUallen
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scd88 said:

I suspect the crime rate will skyrocket with all these Indians moving to the area...


The smells will
scd88
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TAMUallen said:

scd88 said:

I suspect the crime rate will skyrocket with all these Indians moving to the area...


The smells will


The food does smell good, I agree.
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