As Texans many of us are really concerned and worried about the lingering drought which is getting worse day by day breaking all sorts of records from the past. This drought seems to be worse compared to anything ever in the past. As per US Drought monitor, Texas is under “Exceptional” drought conditions – the most severe ranking. With August on the horizon, we can only expect sweltering heat to continue without major rainfall which is also major cause for wildfires.
We have already seen major wildfire in North Texas, LA, Mexico causing heavy loss to state government and local farmers. Since the start of fire season on Nov 15, 2010, aproximately 14,929 fires have burned thorough total of 3.3 million acres in Texas. If we have more wildfire, it is sure to bring more devastation to the local economy.
The weird thing of all, we always prayed not to get hit by Hurricane or Big storm in the past but this year it’s totally different. Everyone I know is looking for a big storm or hurricane to cool us of little bit and big some moisture in the air which will help to get more rainfall in the area. I know it’s weird but sometimes things which causes major damage can also be savior for even major impact caused by the drought and wild fire. As they say about politicians “whom do you vote for, pick the one which is less evil”. Similarly, pick the one which cause less impact and bring some relief. I would say, we need a big storm or Hurricane to get us out of this long lasting drought condition.
With already weakened Real estate market, wildfires and drought can make things even worse which many are not thinking about. It can cause price hikes on local resources like logs, building materials which increases the builder cost. If builder is experiencing cost increase, the price would have to be transferred to the buyer by increasing the price on new homes. Also drought can reduce water level in man made lakes which mean less traffic to lake front community and less sales and less jobs. That’s the indirect impact to real estate market.
Anyway while we are in drought, it is better to take measures to respect the things like water which is scare and try not to waste them. Also avoid conditions which can start a fire and save your family and mother nature. Here I have posted few helpful tips to help protect your family from wildfire. Check out and follow them all times and pray for a big storm.
About Vijaianand Thirnageswaram
I am a Proud Realtor of Texas, trying to guide and help clients to find their dream home and educate them to buy them for right price. I am also a Candidate for CFP who has more financial knowledge which allows me share and educate clients in any financial decision making process.







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