Oct
19

Texas leads the way

The Lone Star State has always held an iconic status in the minds of Americans and, it seems, it’s an image that is also echoed by Brits, across the Atlantic, Australians, across the Pacific and quite possibly just about anyone who thinks of Texas.

Perhaps, it’s the enduring image of the Alamo, a bastion holding out against impossible ends to a bitter end, or the fact that Texas, the Rio Grande and cowboy films have created an enduring PR-wave that promotes and perpetuates an image that is part-truth and part legend.

The Lone Star State has always held an iconic status in the minds of Americans and, it seems, it’s an image that is also echoed by Brits, across the Atlantic, Australians, across the Pacific and quite possibly just about anyone who thinks of Texas.

Maybe, it’s the enduring image of the Alamo, a bastion holding out against impossible ends to a bitter end, or the fact that Texas, the Rio Grande and cowboy films have created an enduring PR-wave that just promotes and perpetuates an image that is only part-truth and the rest is legend.

Truth is Texas has always been a State that has led the way in a quiet but determined way. This is part of the Texan spirit and it’s no surprise that the Alamo happened here. It’s a case of knowing what’s right and just going ahead and doing it in a way that’s equitable and pioneering.

The case with Texas Real Estate is a case in point even if the parallel between Alamo and real estate appears to stretch the connection. True, in real estate we have not had any threats to deal with as such, barring of course the fear of rising foreclosures and a total collapse of the market thanks to lenders’ over-exposure in the sub-prime mortgage sector, but this has not meant that Texas and Texans have not tackled the real estate market in a way that’s purely Texan in spirit.

At a time when everyone else in the US real estate market was jumping on the bandwagon and promoting every property under the sun as the next thing to sliced bread Texas Realtors were busy creating real value, finding properties that were worth their price and promoting them in ways that did not stretch the truth. As a result Texas real estate prices experienced a gradual, steady increase that gave a good return to those who had invested in a Texas property and helped broaden not just the type of property but also the range of real estate offerings.

Texas is probably unique amongst States in being able to offer properties that range from a Texas lakeside property (complete with its own Texas lake home front) to Texas ranch land, Texas recreational properties (for those who like to hunt or fish) or a Texas property by the sea (yes, we even have surf!). With such a vast range of properties and prices Texas has again defied expectation and led the way by offering a real estate market that has experienced marginal slow down and a slight correction in prices but no real dip in interest.

Texas land has a unique make up which perhaps has gone some way in shaping the Texas character. You can’t spend long here, living under the Texas sky and having that distant horizon remind you of the greatness of this land of ours without developing the steely nerve and clear thinking that characterises Texans.

We lead the way in quiet, unassuming ways (and it’s no accident that Texas has contributed more than it fair share of Presidents to the US supreme office) that mark a steady, progressive and sensible way of doing things, real estate just happens to be the latest front, that’s all.

Leave a Reply