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Re: Land Values In Rural Texas


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Posted by rgvtx on March 14, 2008 at 05:28:04 from (64.12.117.74):

In Reply to: Re: Land Values In Rural Texas posted by John A. on March 13, 2008 at 22:03:21:

Thanks John, that makes me feel better about the prices here.......I guess! I'm in the Rio Grande Valley near Harlingen. It's growing in leaps and bounds here so I suppose everyone is jumping on the band wagon hoping to get rich. I said several years ago if that land went up for sale I would buy it just to keep it from being developed, but for that kind of money it sure won't happen. There is another 17 acres adjacent to me that I asked about last year and they wanted 10 grand per acre and I said heck no, maybe I should have said yes then. With the housing market going bust I just keep thinking it will come down but maybe I'm wrong. Several of the builders in the area have already ceased building claiming they can't sell the homes so they are moving to areas where they can. Not sure where that is, maybe up your way? I guess if they win and it gets developed I should just look at the bright side and figure my place is worth more, then sell and move to where it's cheaper....wherever that may be by then. At least our place is paid for so they can't take it away. Oh yea, I have to keep the taxes up too don't I?


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