Today three great minds came together at the JWMarriott before 700 industry folks for the annual 2017 Home Builders of Austin Housing Forecast: Eldon Rude, Principal of 360* Real Estate Analytics, Dr Greg Hallman,Senior Lecturer in Real Estate Finance at the University of Texas at Austin McCombs School of Business, and Colleen Sharp, VP of Kantar Futures.
Two great hours were spent by a packed ballroom of business leaders listening about the Austin, Texas, US economy, interest rates, job growth, Consumer confidence, housing starts, rents, prices, GDP, and the economic entwining of us and the world economies in China, India, EU, etc.
I want to recap my thoughts on this, with a focus on the Austin real estate markets.
1. Austin has seen a…