Home Prices Could Normalize in 2017
Home Prices Could Normalize in 2017 meaning they are sitting on the market a little longer and there are less multiple offer situation on single family homes. This is especially true for homes in the upper end of the market.
Homes that are under $500,000 are selling faster then ever.
Home prices in Austin have risen higher here then anywhere else in the United States. Home prices have increased around 65 % from 2006 to present day.
What does this mean for buyers.
Prices are predicted to level off meaning the rapid acceleration in home prices will slow down. This is good news for you that are almost ready to buy but not quite ready.