As we begin that most festive time of year, I wanted to take a moment to wish you and your loved ones a wonderful holiday season. Our local economy and real estate market have witnessed changes over the course of 2022, but both continue to show a number of positive signs. As always, I appreciate the kind attention you pay to my market updates, and I wish you a Happy Thanksgiving!
News And Events
Austin Economy Among Fastest Growing In U.S.
According to a new report by the Kenan Institute of Private Enterprise at the University of North Carolina, Austin’s estimated regional gross domestic product grew by more than 4% this year.
Realtor.com recently reported that from June to September of this year, the asking price for homes in the Austin metro decreased by approximately 10%, part of what experts call a return to a “normal” market.