Can you believe it’s 2015 already? Let’s talk about what I expect to happen with the Austin real estate market in 2015. Throughout the holidays people wanted to ask about the 2nd article that came out saying Austin real estate is overpriced.
Is Austin real estate overpriced? When you see a headline saying we are overpriced it makes people think we are in a bubble that’s about to burst. I don’t believe our market is overpriced and I definitely don’t believe we are about to see a bubble burst.
For there to be a bubble you need to see speculation and easy money. Instead Austin real estate prices have increased due to population and more importantly job growth along with a low supply of housing, particularly in the central Austin areas. I also…
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