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Texas Floods Could Worsen Housing Market IssuesThe recent flash floods in central Texas impacted thousands of homes and laid bare the challenges facing local homeowners, including rising insurance rates.
While Canyon Lake saw a significant water level rise, the reservoir is still in drought conditions and the Edwards Aquifer remains far below normal.
Torrential rain flooded creeks, streams and the Guadalupe River, where the water swelled more than 26 feet in 45 minutes.
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