Is the housing boom over?

[Shane@DBPerformance]

Originally Posted by Super4x4Duty

I was shocked to see the price of houses in this area. Around Houston you can buy a nice starter home for ~$100,000. The houses around this area seemed to start in the mid/low $200,000's. I still don't understand where all the extra money goes. Is the land way more expensive? Are the materials more expensive? I'm I just in the wrong business?

Texas has some of the cheapest and most undervalued housing though.