Buyers, sellers, investors — all have been affected by the shifting market, locally, nationally and globally. Although the numbers for what constitutes a “balanced” market vary somewhat by source, a 6- to 6 1/ 2– month supply (meaning the time it would take to deplete the supply of available listings at the current sales pace) generally is considered a market in balance, with neither buyers nor sellers having the upper hand.
Full article here: Forecast for Austin-area housing market ‘very tricky,’ expert says
(512) 853-0110 or robert@AustinTxHomeSales.com
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