By The Kent Redding Group
AUSTIN, TX. – The home buying season has been in full swing for months now; thanks to a recent report from CoreLogic we know that home prices edged up during the month of April with prices about 7% higher than they were just one year ago
Will Price Increases Carry Through The Summer Months?
Now that we know the home buying season is in full swing the BIG questions most Realtors and economists want to know is if buyers will continue buying homes through the summer months and the answer to this question would appear to be yes.
The frenzied spring selling season is helping nudge prices higher, CoreLogic said. Home purchase pricing is outpacing rent growth for single-family homes.
CoreLogic forecasts national home price growth of 5.1% in the coming 12 months. But an earlier MarketWatch analysis shows that pricing forecasts have often fallen short of the reality in the high-flying housing market.
Search For Homes In Austin Texas
To learn more about the local Real Estate market, or to get started with searching for homes in Austin Texas, contact the Kent Redding Group today by calling us at (512) (512) 306-1001 or click here to connect with us online.