While Austin, Texas was the exemplary image of housing market growth during the pandemic—a period when home prices, sales, and new residents were at an all-time high—it’s hard to ignore the fact that activity has slowed in recent months. Paired with the fact that interest rates are now at a 40-year high, many potential homebuyers are beginning to wonder whether now is the best time to buy.
In this informative post, learn about what we know about the current market so that you have a better understanding of what’s happening, and what to do next.
How the Housing Market in Austin is Changing
There’s been a lot of analysis about the current housing market in Austin, and everyone has their own theory about what to expect next.