Stagnant housing market? Redfin report highlights Austin
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AUSTIN (KXAN) --- A new report from real estate company, Redfin, mentioned Austin for having more than half of home listings not sell for two months or more in November.
homes not selling for two
in november. That's all a
report from real estate c
and Sarah. I'll share pro
for why that might be 62.
homes sat on the market f
without going under contr
data from real estate comp
realtors say several diff
contribute to the situati
the low season q four of
into january. But also th
are still high. They just
like many people were hop
this is that a home will
if it's priced correctly.
the thing is, is that a s
to accept that price. Red
quote, florida and texas
have been building more h
else in the country, whic
and thus still listings a
point to the construction
during the pandemic. Ever
seeing right now that's h
because of things that ha
ago. The 2020 2021 boom w
by everybody going to rem
So now you see a lot of t
back to the office. The A
released a report this ye
growth in active home lis
taking longer to sell, re
going into the new year.
are what are going to att
in the Austin market is s
jobs. I do think we're go
bit more movement as we g
Sarah Alsha KXAN News Dat
a real estate data platfo
there are more than 10,80
across the Austin metro.
the most with a little mo
homes are staying longer
has a record high office
real estate information c
the rate at nearly 17% am
in the country. So stars
vacancies could keep grow
of square feet of additio