Buda, Dripping Springs, Hays County, Kyle, News, San Marcos, Wimberley
COVID-19 hijacks housing market
By Sahar Chmais
In early March, when COVID-19 gripped the U.S., many experts predicted a grim outlook that the housing market would suffer. This was the case in some parts of the country, but perhaps Central Texas is an enigma.
CoreLogic’s forecast shows an overall increase of 4.8% in U.S. home prices and expects a 6.6% decrease in 2021. But then there are places like New York City, which experienced a dramatic drop, of 17%, in home prices. As the market experiences slight increases and decr...