State of the Market, 2020 | Spyglass Realty
Posted by Ryan Rodenbeck on
This is a mix of surveys from local real estate agents and lenders to determine whether we’re going to see a housing bust in Austin from its real estate bubble. This is the question we’re asked most about. We also include notes from Angelos Angelou, the foremost economist in Austin.
Before we start this Austin real estate market economic forecast breakdown, I want to point out that Texas, and especially Austin, are expected to be the among the first economies in the US to recover. Residential real estate is very resilient, and this is not a recession that was caused by factors in housing like we saw in the last one considering that Austin was said to be in a real estate market bubble.
It’s questionable if we will see much, if any, depreciation in…
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