Saratoga is booming right now, but it would be harder for me to penetrate the market since house prices are through the roof.

Are You Missing the Real Estate Boom?

And the hospitality industry in Houston is booming right now.

I know Playa Del Carmen is booming now but I still would like to get in on it before the real estate is too high for me to afford.

Boom.

So I'm currently living in a boom and bust town.

She finally very abruptly ended the call with something to the effect that she is buying the property, and they have a recorded land contract.

Originally posted by @Joe Fairless: boom, that is very helpful insight.

Since the last oil crisis, Houston has done an outstanding job of diversifying...With high-tech, healthcare, and alternative energies booming, petroleum just doesn't have the effect on us that it did in the past...it's now a smaller piece of the pie that is Houston.Many locals remember the hard times in the '80s, and are fearful that they will return, but when you look at all that the area has to offer (booming industries, affordable housing, great schools, investment opportunities, friendly people, decent winters, etc.) you realize that Houston still has a lot going for it.And even if things were to cool off a bit, that's beneficial to investors, as it means less home ownership and more renters!

There are people that bought new builds in 2011 before the boom years of 2012 and 2013 and ended up short selling in 2014.