COVID-19 exacerbates inventory shortage in Austin area; home sales drop
Pent-up housing demand during state shutdowns is about to be unleashed as many coronavirus-related restrictions to daily life are lifted or relaxed and consumers return to the real estate market, says Lawrence Yun, chief economist for the National Association of REALTORS®
Austin-area home sales declined across most of the region in April as the full impact of the COVID-19 pandemic and local shelter-in-place orders was felt in the housing market, according to the Austin Board of REALTORS® (ABoR) latest Central Texas Housing Market Report.
Even chaotic times can bring some positive lessons to learn from.
In today’s video, I’ll let you know a few things about our local real estate market along with some ideas about how to handle your finances right now.
Central Texas REALTORS® remain cautiously optimistic during COVID-19 pandemic
Take a look at this infographic to understand more about the market leading up to the 2008 financial crisis, compared to our current societal situation.
More home projects… And there will be even more in the future
Are you keeping your stuff clean? Here are a few tips
Do you have questions about the Federal reserve rates and how they affect mortgages? I went live earlier today with some information that I received from a mortgage lender, along with some of my own comments.