What’s Happening in the Housing Market – Q2 2022 Market Update
Q2 2022 ended with Austin being a top 5 market nationwide in terms of strength and low inventory but definitely seeing tempering due to equities markets pulling back, interest rates rising from 3.5% to 5.5% and inflation. At The Morshed Group, starting in Q4 of last year, we were letting clients know 2022 would be the year things finally cooled.