Here is another example of “Click bait” news headlines about the real estate market: “A new forecast envisions a massive shift in Austin’s homebuying market next year. By July 2023, the Austin metro area is projected to witness the most dramatic swing from a sellers’ market to a buyers’ market among the country’s 100 largest metro areas, according to the Knock real estate platform.” Yet, they follow this with “Knock predicts the median home price in the Austin area will reach $594,893 in July 2023. That would represent a 15.5 percent jump from the $515,000 figure reported by the Austin Board of Realtors for this July.” So, they say we are heading into a buyer’s market, yet home prices will still be up by 15.5% (+$80k) over the next year?! How is that even possible?
Full Article here: Austin housing market to see most dramatic shift in 2023, forecast shows
(512) 853-0110 or robert@AustinTxHomeSales.com
If you are unable to open the link/article above, please let me know so I can get it to you another way.
#RealEstate #AustinHomes #MoveToAustin #Relocate #RelocateToAustin #AustinHomeBuyers #AustinJobs #AustinRealEstate #HomeForSaleAustin #NewHomes #RealEstateMarket #AustinHomeSellers #AustinHomeSales #BuyersMarketInAustin?
