Is Austin Still Great or is it Overpriced?

Ahmad Homidi: Call or Text 510.364.9210
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I’m Ahmad Homidi, your seasoned Austin Realtor with over 20 years of experience, specializing in helping buyers and sellers in the Austin, Texas area. My expertise extends to assisting buyers in relocating to Texas, even in new construction purchases. With strong relationships with top builders, I negotiate amazing deals, and the best part is that the builder covers the Realtor commission, offering you expert guidance at no cost.
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[@ahmadhomidi-AustinRealtor]

Here's what I foresee happening within Austin, TX. Since 2021, home prices have really gone up and it's become less affordable for many who are local and are looking to enter the housing market. The high interest rates are affecting both buyers and sellers alike and are causing both sides to wait for the rates to drop. Meanwhile, Austin was an attractive destination for buyers from the other large metroplexes within Texas (Dallas, Houston, and San Antonio). With Austin's home prices as high as they are, (much higher than home prices in the other metroplexes) I anticipate that we will see less relocation from there. However, I anticipate that there will still be a lot of buyers relocating to Austin from California, Seattle, and the North East because the types of properties you can purchase in the Greater Austin area are much newer, larger, and way more affordable, relative to home prices in their respective areas.

[@SureshP-hc3rb]

Loving this deep dive into Austin! Learned so much about the city, neighborhoods and real estate scene from your posts Ahmad!. Thanks for sharing!

[@ahmadhomidi-AustinRealtor]

Thanks, Suresh! Appreciate the wonderful comment. That's the motivation I needed! 😃