Home prices in Austin are breaking records this summer.

Read more about these historic highs here.

Or download the archived PDF: CultureMap

According to the Statesman, the real estate market is slowing.

We agree that low inventory plays a part but know that demand is still here in Austin! Read the details here.

Or download the archived PDF: Statesman

Austin Economists Expect Recovery to Start Soon according to ABJ!

Mirroring projections in our market update on unemployment, we have a tendency to agree with these economists! Check out the details here.

Or download the archived PDF article here:Austin Business Journal

We concur! Austin real estate is bouncing back! We too have seen multiple offers on properties and low supply. Read more of the details here:  ABJ Article

Top 3 Reason Why Austin Real Estate Will Survive Covid-19

• Unemployment moved up from 2.5%  to 3.8% in March, one of lowest upticks in the country
• 48% of workforce in Austin can work remotely – top 5 in the country
• Supply of housing only at 2 months in Feb – even if inventory triples to 6 months that would be an equilibrium market

Find out more details in the links above … CONTINUE READING

Tarek Morshed, chief realty officer, explains why these three unique things about The Morshed Group at Sotheby’s make them a good partner to see you through tough times and good:

• Proprietary Approach
• Strategic Advisors
• Being Value Add

Find out more through our website  or our social media links found below. And as always, we’re happy to discuss what’s happening in your sector of town so don’t hesitate to reach … CONTINUE READING