‘A very slow market:’ Realtors weigh in on market impacts with Medina Lake’s low water levels

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Medina Lake Notícia

Water,Drought,Drone 12

Water Data for Texas said the Medina Lake Reservoir was 2.4% full on Monday.

These must-have Insider Deal household items are at unbeatable prices!“When you look out across this of what is Medina Lake, how does it make you feel?” KSAT reporter Avery Everett asked broker Mike Mallory.“I say it’s like a dysfunctional beauty, and she is pretty, but you got to put up with their ups and downs,” Mallory said.

Realtors, like Mallory, said the low water levels are impacting property values and the real estate market, and they’re not sure how soon it will bounce back. Mallory owns Medina Lake Realty. He said some sellers are waiting to put their homes on the market until the water levels are back up. And he’s not the only one seeing changes.

 

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