Massive Price Cuts are happening on Houses in Austin, TX

Home prics in Austin, TX have collapsed by nearly 17% from their peak in mid-2022, with a huge surge of sellers cutting the price on their listings.

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This collapse in Austin, TX's Housing Market is due to a massive build-up of inventory to go along with forced selling pressure from tech homeowners who got laid off.

The upshot here is that Austin's Housing Market is getting much more affordable. However, prices could still fall further in future months.
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