An anomalous market: Texas
Who more or less, investors or owners who are, tries to recover from the strong impact suffered by the pandemic situation. This entails a turnaround for many sectors, including real estate. The brick market, for many countries, has been driven by tourism and foreign portfolios which, in this historical period, prefer leasing contracts to sale contracts.
Our mini guide could thus end if we assume that this situation is homogeneous across the globe. But, as always, there are due exceptions. Among the various states belonging to the American power, particularly affected by the emergency, Texas stands out. Unique for its tradition, it seems that the country has not felt the backlash so hard, especially if you analyze the brick market.
Transactions and in general sales contracts continue to go well. If we compare with last year, in the same period, we could even speak of a net improvement. If we analyze the numeric data, in percentage, we are talking about 80% more in terms of volumes.
The real problem that, in this mini section, it is necessary to underline is represented by the prices. 5.1% more than last year. A number that, albeit minimal, has much to tell. Texas housing continues to be under investor perennial for a very simple reason: the scarce availability of the same.
This entails a rush to the property and, on the other hand, a difficult adaptation to a price range that is not always affordable. A crisis in the middle, which however does not seem, as we said earlier, to completely damage the Texan brick.
Despite everything, even for Texas, it will be possible to visit the reference homes directly or, alternatively, to use more advanced systems, allowing interested parties to take a virtual tour of the house.
The real impact - explain the main experts in the sector - relating to the Covid situation, will be visible only in three months. And this is perhaps the reason why, in Texas, there is still no noticeable change in the situation. The rest of the economy also remained unchanged. In short, a `` US Switzerland '' that has become a real case study for both economists and experts, but also for those interested who want to find out more about this alien country from the Covid wave (if you look only at the economic structure).
It is impossible to explain when and how it will be possible to get out of this critical situation and, above all, if indeed this moment of positive stalemate will remain so in the coming months. We at Realigro will keep you updated on any changes both for what concerns the Texan real estate, but also for the world one! Stay tuned on our portal!
Our mini guide could thus end if we assume that this situation is homogeneous across the globe. But, as always, there are due exceptions. Among the various states belonging to the American power, particularly affected by the emergency, Texas stands out. Unique for its tradition, it seems that the country has not felt the backlash so hard, especially if you analyze the brick market.
Transactions and in general sales contracts continue to go well. If we compare with last year, in the same period, we could even speak of a net improvement. If we analyze the numeric data, in percentage, we are talking about 80% more in terms of volumes.
The real problem that, in this mini section, it is necessary to underline is represented by the prices. 5.1% more than last year. A number that, albeit minimal, has much to tell. Texas housing continues to be under investor perennial for a very simple reason: the scarce availability of the same.
This entails a rush to the property and, on the other hand, a difficult adaptation to a price range that is not always affordable. A crisis in the middle, which however does not seem, as we said earlier, to completely damage the Texan brick.
Despite everything, even for Texas, it will be possible to visit the reference homes directly or, alternatively, to use more advanced systems, allowing interested parties to take a virtual tour of the house.
The real impact - explain the main experts in the sector - relating to the Covid situation, will be visible only in three months. And this is perhaps the reason why, in Texas, there is still no noticeable change in the situation. The rest of the economy also remained unchanged. In short, a `` US Switzerland '' that has become a real case study for both economists and experts, but also for those interested who want to find out more about this alien country from the Covid wave (if you look only at the economic structure).
It is impossible to explain when and how it will be possible to get out of this critical situation and, above all, if indeed this moment of positive stalemate will remain so in the coming months. We at Realigro will keep you updated on any changes both for what concerns the Texan real estate, but also for the world one! Stay tuned on our portal!
