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Househunting in Texas? Austin Might Be the Place for You!

Written by Reef Merhi | Aug 1, 2023 7:10:00 PM

If you’ve been househunting and following the news, you’ve probably heard that prices are up and inventory is down. But that doesn’t mean you can’t find a home in Texas - as long as you know where to look!

 

In fact, Austin stands out as an exception where inventory levels remain higher than before the pandemic, leading to a significant drop in prices. Only eight out of the top 50 housing markets in the U.S. are currently more than 5% below their peak prices in 2022. 

 

The surge in home prices is typically attributed to a shortage of available properties. But in Austin, Texas, plenty of homes are available at better prices than in just about any other major city!