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Austin Texas Real Estate & Covid-19
Austin Real Estate, What To Expect?
Austin Was Booming Before Covid-19!
One Point Of View & Reasoning Behind!
The Real Estate Market Future Prediction;
O
Hello!
Covid-19
Real Estate
A New Normal?
Facts Are By Now Clear;
Some Bars Will Close Permanently,
Many Restaurants Will Close Permanently,
Hotels & Motels Will Suffer Drastically For Months,
Especially By Events, Concerts & Conventions Canceled!
Some Of Most Affected Businesses With Lots Of Employees!
Austin Has Been Known For Technology, A New Silicon Valley!
Great News, Since Are The Ones Benefiting in Covid-19 Era!
Tesla Factory Purchase Over 2000 Acres, Jobs Coming!
Downtown Austin With Cranes Building Buildings!
Austin, A Booming Real Estate Market Before Covid!
Interest Rates Are At Historical Lows & Dropping More!
Real Estate in Austin Increasing In Price By Low Availability!
Stocks Are Up & Down, Some Have Warned About Potential Risks!
Real Estate is Great Investment On The Long Run, Always Goes Up in Time!
The Dollar is Losing Value Fast & Prices Are Going Up Even Faster, in Many Areas!
These Are The Basic Elements Considered For This Prediction Made By a Magical Writing!
Thousands Will Lose Their Jobs, Difficult To Recover When Is The Only Thing They Know!
Restaurants Are Open, Restrictions & Fear Will Place Then In Hardship For A While!
People Lived in Lock Down For Months, Even Worked For Home Even As Today!
Live or Work in A High Rise Building, Need Elevator To Get Home or Work?
A Life Risk or At Least Living in Such Fear, What Would You Do Now?
People Who Cannot Pay or Did Not Pay Rent, Harmed Landlords!
Prediction is As Follows: Downtown May Become Obsolete,
People Will Move To Homes With Gardens & Suburbs,
Once Covid-19 is Under Control, Risk in Minimum,
People Affected Will Be Forced To Sell Their Homes,
Prices in Downtown High Rise Buildings Will Drop Drastically,
Leases in Bars & Restaurants Will Drop The Most Of All, No Tenants!
People Who Sell Will Move To Lesser Value Homes, Rent Or Move To Suburbs!
Homes Sold Will Be Purchased By The Ones Doing Great Economically As Of Today!
Prices in Austin Neighborhoods Will Increase Fast, Land Will Become Very Scarce!
Land Value Will Increase
The Fastest, Round Rock, Dripping Springs, Spicewood,
Lockhart, San Marcos, Kyle, Buda, Leander, Bastrop & Lake Travis Will Boom!
As Austin is The 10th Largest City in USA, But Not The Largest Metropolis,
Downtown Will Be Affected Mostly, Commercial Real Estate Market;
Rents & Prices Will Drop Fast & Continue To Drop For A While!
Real Estate In Austin Texas Will Regain The “Boom” Soon!
Winter May Bring A Second Wave Of Covid-19 Virus!
Making August To October 2020 A Very Active Market!
The New Normal Will Start With A New Balance & Transfers!
Think About it, Nobody Knows What is To Happen To Real Estate!
I Wish You The Best, I Hope These Thoughts Will Help You Decide Wisely!
In These Times, Are You Doing Good? Help Anyone You Can, If Not, Be Patient!
This is Only A Personal Opinion Based On Facts Explained Superficially Above,
Always Question What You Read Regardless of Source, Do Extreme Research!
This New Era, The New Normal, The New Order, Is Going Online Super Fast!
Real Estate In Austin Should Be One Of Best in The United States Of America!
Thanks To Weather, Technology Companies, Beautiful Terrain & Centrally Located!
Downtown Austin May Experience A "Dissolution" By People Dispersing & Biggest Price Drop!
This Text Was Written On August 1st 2020 in Austin Texas By A Texas Resident Who Thinks Very Deeply!
Take Text As A Grain Of Salt, Decide Based On Your Beliefs & Knowledge! Real Estate Market Austin in Covid-19 Era!
Texas Real Estate Market  On Covid-19 Era