Home Builders just CRASHED the Austin, TX Housing Market

Home builders just crashed the Housing Market in Austin, TX, particularly in the outlying suburbs, where home prices are down -15% over the last year.

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These builders in Austin, and other cities in Texas, pulled lots of permits of new homes and apartments in 2021-22 during the pandemic.

And now those homes are being delivered into Austin at a time when the city is in recession. This means many new homes are sitting empty, causing price and rent reductions.
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Видео Home Builders just CRASHED the Austin, TX Housing Market канала Reventure Consulting