Well, it's been an interesting week, to say the least! We're all in this together....managing our fears during this unusual time, while isolating ourselves at home, working and doing our best to take care of ourselves and our kids. In the midst of this, I thought you might like an update on what is happening with real estate in our city and it's not all bad!
Below are the market statistics from February. What is of note here is that we have had a flood of new inventory in the last week, and we're now up to 2,147 Active listings and 2,087 Pending listings. I'm interpreting this as the demand is still keeping up with this influx of inventory. No one knows what will happen over the coming months, but one thing we do know: Austin will bounce back after this with a vengeance! If buying was in your plans for this year, the next few months could prove to be opportune for finding a great home with much less competition!
Text me if you want to schedule a phone or video conference call to talk about ANY concern you may have about real estate in Austin.