The housing market is showing signs of stabilizing, with a cool-off in home prices and rents in September, according to the latest monthly Real Estate Market Report from Zillow. From August to September, annual appreciation nationwide slowed from 7.8 percent to 7.6 percent, the report shows, and compared to September 2017, rents were 0.2 percent lower. “[This is] yet another signal that the housing market is easing toward a more normal, sustainable pace after the frenzy of the past three years,” says Aaron Terrazas, senior economist at Zillow.
Full Article here: Housing on Normalizing Track: Zillow
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