Single Family House Has Become The Most Important Asset In The US
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We\'re gonna show Jason Bible robin fino Texas real estate radio network cove it free Hey you know at the Texas real estate investment center I am getting a kick out of how many folks are showing up here putting a mass on because I know Brian I work fact and shut doors shut doors put in signs of my office yeah I did by has owned. So we were talking before we get started here that folks who are waiting. How is that good like that house you didn\'t buy last year is not gonna cost you 20 to 30 percent more today. It\'s a 30 percent market yeah you\'re over here consistently now and I don\'t I think next year we\'re still going to be in the high teens maybe 20 low twenties and then the year after that we\'re still in the teens and. Your turn around in 3 years gonna wake up and everything\'s up by 5060 percent well what I have noticed is you know going out here last weekend a couple weekends ago that there are a lot of people that are not going out anymore yes in Houston\'s been open when we officially open. 6 months ago the January no no no. It was after that. Remember we officially open yeah I was like March or April yeah okay so mark yeah March or April so everyone thinks Houston\'s open it\'s really not. It\'s open we\'ve just there\'s a whole population segment has chosen not to participate well and it\'s not just people over 40 no people or third yeah there\'s a large swath of people they\'re just not going out right and and I see it I read a report this morning from the Casson with a talked about changes in consumer habits yeah and and we\'re seeing that in a big way in this market place I get my HEP delivered now love it yeah that\'s great and then so here\'s the problem. If your. If you\'re waiting for real estate credit well here\'s what really happens it means the single family house has become the most important asset the country yet for sure you know to place we can raise your family it\'s it\'s your office it\'s all these things now and most folks really don\'t want to live in apartment complexes if they don\'t have to so the reality is is that. Folks are just staying home and they\'re buying houses they want to live in and they\'re upgrading and all that other stuff and it\'s causing a a big strain in the market the other thing that I found. This past weekend when I was out running around town doing the whole bar restaurant club thing is that. There were a ton of folks that had moved here in the last year or 2 that had friends visiting from out of state. So as soon as the country really starts to open up and they\'re able to sell some houses sell their house or the job market continues to improve we\'re going to see even more people move to Texas. Thanks I can almost tell you what the states are Nevada Texas Arizona Florida. Those are gonna be the big states where there\'s this massive influx. Of folks from other states. That essentially been locked down for a year point 5 now. Copyright Mr. Texas Real Estate @ 2021
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