How has COVID affected residential real estate in Central Texas?
We have been in short supply of homes for several years now, which has kept the demand for housing very strong. With supply low and demand high we have experienced steady appreciation over the last several years. COVID caused some sellers to wait and hold off from listing their home for sale which caused an even shorter supply of homes. The increased shortage has caused prices to go up even more and many times there are multiple offers and a bidding war between buyers. This is a great time to sell your home and take advantage of the extremely low interest rates which increase your buying power or range you can afford. If it's possible for you to take advantage of this opportunity grab it and use this time to build your wealth. #opportunity #centraltexas #sellinghomes #buyinghomes