You’ve read my thoughts about where Austin area residential real estate market is in this market cycle [Thoughts on this Market Cycle (October 2018) and Yes, Austin is different (January 2019)].
Last week, Eldon Rude (Principal, 360o Real Estate Analytics) discussed his very similar thoughts:
Expert: Central Texas housing market in for another strong year
The theme of his remarks was that “… the Central Texas region will continue to see strong housing demand from anticipated robust job growth. But he noted that ‘there are some headwinds with respect to buyer confidence that we haven’t faced in a while’….”
I’ll keep you updated as 2019 progresses and we get more information about actual market performance this year, but I agree that we’ll see demand continue even as the pace of price appreciation slows.
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