Is the Austin Housing Market in a Bubble?Posted by Gay Puckett on
Even if you haven’t bought or sold property in the Austin area recently, you have probably heard about the wild ride that we are on currently. To put it simply, prices are up and inventory is down. Take a look at the latest numbers…
So, the question that so many people in the Austin area are asking is, “Is the Austin housing market in a bubble?” That’s a valid question and the answer is definitively NO. We are NOT in a bubble.
Colin Pope of the Austin Business Journal comes to this same conclusion in his article entitled, “NOPE – Experts Agree: This Isn’t a Housing Bubble.”
What is Causing the High Real Estate Values in Austin?
Ok – so if we are not in a bubble, what exactly is causing the high real estate values in the Austin…
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