Ten years ago, real estate in Texas was a dream, but now it’s a nightmare.
Here are 10 reasons why.
source Crypto Coin News title Ten years after the dotcom bubble, Texas real estate is in the crosshairs article Ten minutes before it is announced that the first-ever Bitcoin futures contract will be on the market in the United States, the Texas real-estate market is about to be rocked by a new wave of foreclosures and a surge in interest in flipping.
article Ten months ago, it would have been impossible for Texas realtors to make a living.
Now they can, thanks to the arrival of Bitcoin, a new technology that enables them to do so.
And while Texas realtor sales fell nearly 7% last year, they are projected to rise again, by 3.5% in 2019.
But the reality is that while many of the people who are looking to buy real estate are people who have never been in real estate before, the real-world ramifications of the digital revolution have a lot to do with the new realities of living in Texas.
In the Texas City neighborhood where I live, one of the most popular real-life property deals that I see is a deal with a company called Zagster that sells the properties of individuals who have renounced their citizenship.
These are people, it turns out, who have moved back to the United Kingdom after a period of “vacation” and who, it is believed, would not be able to pay their mortgages.
“We’re going to sell their houses to them for cash,” says Mark Bost, president of Zagsters real-property sales agency.
The company’s goal is to make money by renting the properties, which typically range in value from $5,000 to $20,000, to people who don’t want to sell them because they have no other choice.
“It’s not that we want to get them out of the country, but we want them to live in Texas,” Bost says.
“If you want to live here, it’s going to be a real hassle, but it’s worth it if they do.”
The real-money property-buying market is just one example of the challenges real estate has in Texas, which has the highest foreclosure rate in the country.
As of April, there were more than 1.1 million homes that were delinquent on their mortgage payments, according to the Texas Attorney General’s Office.
For those that have mortgages, this is a problem.
A home that has been foreclosed on has the potential to be worth a lot more than what they paid in the first place.
A homeowner who forecloses on a home, for example, can expect to have a mortgage payments of more than $1 million for the next 10 years.
That’s an enormous sum of money that a homeowner who can afford it will never have to pay.
If the owner of the home wants to sell the property, they have a few options.
They can either pay the delinquent mortgage off in full or, more likely, move out of Texas altogether.
But if they’re already in Texas and can’t afford to move, they can either rent the home to someone else, or they can try to get out and move back to another state.
There are several ways that someone could end up in Texas with a lot of debt and be forced to sell a home that’s not theirs.
It could be a woman who has an abusive husband or a parent who’s not able to care for their child, or it could be someone with health issues or mental illness who can’t find work.
The real estate business can be hard, and real estate can be expensive.
The median price of a single-family home in Texas is $1.8 million.
It costs the average household in Texas between $8,000 and $12,000 a year to rent the homes they own, according.
That is nearly double the average rent for a comparable property in other states, according the Texas A&M Center for Rural Studies.
According to the Houston Chronicle, there are at least five different rental agencies that rent properties in Texas that are currently being sold.
The price tag for each of these rental agencies ranges from $20 to $80 per month.
“The price you pay for a single family home is going to go up a lot in Texas because the housing market is getting more expensive,” says Mike Smith, a Houston real estate broker who specializes in renting to people with financial need.
“So you’ll have to be very patient to find a rental agency that can afford to rent to you.”
For many people in Texas who are not wealthy, finding a place to live is a major hurdle.
According, the state’s median income is just over $30,000.
Many people who aren’t wealthy live in apartments, which can be extremely expensive. “I’ve