The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. After the bubble burst in June 2007, values depreciated 6.1% annually until February 2012. From March 2012 to today, the market has been recovering with values appreciating 6.2% annually.
Full Article here: Is the Real Estate Market Finally Getting Back to Normal?
Contact the Thomas & Kauffman Team today if you would like to buy or sell a home in the Austin metro area - (512) 730-1252 or info@AustinTxHomeSales.com.
Austin’s economy topped U.S. metro areas in growth in 2017
