Is Austin in a real estate bubble? House prices are up over 30% and many are wondering, "Is this a bubble?"
Category - The Market
This week Zillow announced a halt to their strategy of buying and flipping houses across the nation. As a result, their stock price dropped 20% when...
A report from the Austin Board of Realtors shows the real estate market in the Austin area has “calmed” compared to earlier in the year.
A housing bubble, or real estate bubble, is a run-up in housing prices fueled by demand, speculation, and exuberant spending to the point of collapse.
This is an unprecedented market for Austin. How long will it last? Could it possibly crash?
Buyers are wondering, should I buy or should I wait.