Is Austin's housing bubble bursting soon?

One Texas real estate data analytics firm predicts it could happen in three years. AUSTIN, Texas — As Austin’s median home price hit $640,000 in April, a Texas data analytics firm is predicting Austin’s housing bubble will pop in three years. What goes up must come down, and hopefully, that saying applies to Austin’s soaring…

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Biden Creates Plan to Combat Housing Supply Limitations

Record high home prices pushed up by record low levels has been a persistent problem over the past year or so and relief seems farfetched in the short term. To combat this, the Biden-Harris Administration has announced a plan to “ease the burden of housing costs over time, by boosting the supply of quality housing…

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How markets have changed for 6 types of properties over the past year

ymgerman // Shutterstock The wild ride of real estate continues, impacting housing markets far and wide, including existing homes, new construction homes, condos, apartments, manufactured homes, and land. Data shows exactly how wild that ride has been. Demand for property has outpaced supply in both sales and rentals, and prices don’t seem poised to level…

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Rental caps and why we don't have them in Texas, explained

As rent continues to rise across the Austin metro, you might be wondering why caps aren’t more prominent. AUSTIN, Texas — A booming population, zoning regulations and supply and demand are all, in part, to blame for an increase in rental prices. It leaves many of us wondering how it’s even legal for the significant…

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Housing increasingly unaffordable in Houston, researchers say

HOUSTON, Texas (KTRK) — In the last 23 months, the average single-family home price in the Houston area has gone up from $309,975 to $410,923. That is a 32.5%increase. In that same period, the average cost of a rental home has increased from $1675 to $2075, a 23.8% jump. For some, that means the cost…

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