CBRE surveyed commercial real estate agents to find the top market for commercial real estate investing, and Austin came in at number one. Here are the reasons why Austin ranked so highly for the sixth year in a row. 1. Exploding Growth Austin is snowballing, and the real estate market reflects that with its low inventory and high home prices. In October, the median home price for the...
The Leander and Austin real estate market is not at pre-pandemic levels, but it is softening. We’re still in a seller’s market as there is little housing inventory yet high demand. But recently, we’re seeing houses stay on the market longer, fewer bidding wars, and even price reductions in Leander and Austin! That would have been unheard of only a few months ago. Typically August and September are...