Mindblown: a blog about philosophy.

Texas, once considered a budget-friendly option, is seeing a steep rise in living costs. Housing prices are soaring in cities like Austin and Dallas, and rent increases outpace the national avg. Grocery bills are creeping up, and property taxes are rising as well. Inflation has become a growing concern across the state. Families are finding…

Spring 2025 brings slower home price growth, more listings, and slightly easing mortgage rates for buyers. Sellers are making more concessions—covering closing costs, reducing rates, and accepting offers below list prices.

Goldman Sachs raised US recession risk from 35% to 45% amid escalating global trade tensions. At least seven major banks now warn of recession, with some placing odds as high as 60%.

Si la inflación sube, las tasas hipotecarias también tienden a subir. La Fed sube tasas para frenar la inflación y las baja cuando la economía se enfría.

Avg home value in 2025: ~$350K Change: ↑ 48% from ~$224K in 2020 Avg mortgage balance in 2025: ~$246K Change: ↑ 34% from ~$184K in 2020 US national 5-yr growth: • Home value: ↑ 40% • Mortgage balance: ↑ 24%

Texas ranks 7th fastest state for renters to save a 20% home down payment.Average time to save a down payment in Texas is just 10 years and 6 months.

Texas ranks #15 among the cheapest states to retire based on minimum savings needed. Minimum savings needed to retire in the state: $830,083 Annual cost of living (total expenditures): $55,640 Annual Social Security income: $22,523.40 Annual expenditures after Social Security: $33,203