🏠160 people are moving to Austin daily, creating a need for housing.
📉Inventory is down, with some homeowners pulling their listings off the market.
💰Low interest rates are driving demand for housing.
🔧Builders are offering competitive deals to attract buyers.
🌆Austin proper and suburbs are holding strong, while outlying areas experience value drops.
Is the Austin housing market affected by the exodus of people leaving?
—There have been reports of people leaving Austin, but the market remains strong due to high demand from those moving to the city.
Why is the inventory low in Austin?
—Some homeowners are choosing to stay put, resulting in fewer listings on the market.
What is driving demand for housing in Austin?
—Low interest rates are attracting buyers and increasing demand for housing.
Are builders offering any deals in Austin?
—Builders in Austin are offering competitive deals to attract buyers, especially in the suburbs.
How is the housing market in the outlying areas of Austin?
—Outlying areas of Austin are experiencing value drops, while the city proper and suburbs remain strong.
00:00Despite reports of an exodus, the Austin housing market remains strong.
02:31160 people are moving to Austin daily, creating a need for housing.
11:19Inventory is down, with some homeowners pulling their listings off the market.
08:01Low interest rates are driving demand for housing in Austin.
05:59Builders in Austin are offering competitive deals to attract buyers.
09:49Outlying areas of Austin are experiencing value drops, while the city proper and suburbs remain strong.
