This trend is impacting Austin as well, luxury homes and land are feeling the impact. It remains to be seen how the Indian LP’s will diminish from real estate investment, development, and speculation if…H-1B partners withdraw.
Bloomberg reports a stark reversal in North Texas: the H-1B-fueled housing boom that turned Dallas suburbs like Frisco and Prosper into “Dallaspuram” is collapsing.
For years, Indian software engineers on H-1B visas powered a luxury-home surge …buying up to 70% of new builds, snapping up $800k+ houses with puja rooms and spice kitchens. Collin County’s Indian population exploded. Builders couldn’t keep up.
Now? That pipeline has slammed shut.
The Trump administration’s new $100,000 “expedited review” fee for overseas H-1B petitions, combined with stricter wage rules, AI-driven tech layoffs, and state-level crackdowns in Texas, has sent Indian buyers fleeing. One builder saw Indian sales drop from 70% to under 30%. Luxury inventory is piling up. Home prices in key suburbs fell nearly 9% year-over-year in February.
Families who transformed the region are now facing exile:
homes underwater, foreclosures looming, some returning to India after sudden job losses.
One realtor called it a “bloodbath” for the high-end market.
The human cost is brutal …skilled professionals who helped build the boom now watching it evaporate.
Bloomberg asks: Is the H-1B crackdown protecting American jobs… or hollowing out the very growth it once created?
https://t.co/D7GxavpZ0f
A case of NWS may have been detected in South Texas. The sample is now at USDA's National Veterinary Services Laboratories (NVSL) in Ames, lowa for confirmatory testing. We will provide updates the moment results are available.
We have already activated personnel on the ground and are working with local partners.
What you can expect from us is transparency, candor, and most important — action.
https://t.co/MrhuQr9UbN
BREAKING NEWS: The USDA has officially confirmed a positive case of the Newworld Screwworm in LaPryor, Texas
This announcement comes less than 24 hours after the Secretary and her allies discredited concerns from elected officials and producers in South Texas, accusing them of spreading misinformation and FAKE NEWS, and reassuring that there were no active cases in the United States
We are immediately calling on the White House to step in and declare a National Emergency to ensure that the USDA does not continue to throttle the funding and resources required to contain this as effectively as possible
The risk of this spreading outside of Texas and even into HUMANS is getting higher and higher by the day, and WE ARE RUNNING OUT OF TIME
Check out the City of Pflugerville Wastewater expansion and lift station construction plans at FM 973 and New Sweden Church Rd- https://t.co/fucWafuLI8 via @cleargovcom
This is hitting residential real estate, particularly first-time buyers, the hardest. Home prices have remained stubbornly high in the Austin metro while US dollar devaluation and income stagflation persist. Time for the Fed to stop printing money and lower rates.
The reason life feels like it’s gotten twice as expensive since Covid is because the dollar has lost 50 percent of its purchasing power since 2019. That’s a huge collapse that almost no one is talking about
@neilquinn@TheRealEstateG6 As an Agent or Broker you should focus on an underserved area of the market, and hustle. AI can help you formulate a strategy…
Senate Majority Leader John Thune just admitted Republicans don't have the 60 votes to pass the SAVE America Act — the bill that requires proof of U.S. citizenship to register to vote and photo ID to cast a ballot.
This is basic election integrity. It’s overwhelmingly popular. It passed the House. And Thune’s response? More speeches and surrender.
Where’s the leadership, Senator?! We’re outraged!
You control the Senate, for God’s sake. Force the vote!
Make Democrats own their filibuster against citizenship verification!
Change the rules if you have to!
Stop treating election security like an optional debate club topic, senator. Because it’s not!
Americans are watching. If you won’t fight for this, step aside for someone who will! We’ve had it!
@realDonaldTrump@johnthune@SpeakerJohnson
🚨 Florida officials conducted over 3,300 commercial inspections in just 4 days, they found many CDLs with “NO NAME GIVEN” on the license from other states
- 176 were 'taken out of service' for issues
- 54 drivers found with "language deficiencies”
- 42 drivers were illegals and referred to ICE
They discovered drivers with NO NAMES on their CDLs, “I saw several, actually, some of the driver's license that we would find wouldn't even have a name on the CDL. Literally no name, but you got a CDL, no first name — No name given from other states. That is not from the state of Florida.
So you're having people with no names, operating commercial motor vehicles with different types of endorsement, running up and down your highways.”