The Question is... Is this a cyclical slowdown in nature, as we might expect... or could it be a result of the Election craziness, with virus and vaccine uncertainty affecting the overall economy and consumer confidence.., or a combination of the economic climate in general, coupled with a rise in local unaffordability, and no inventory?
Everyone has questions about what 2021 might hold, all we know from a Real Estate standpoint is all the indications say Interest rates will remain low, and unless a wave of property owners decide to put their home on the market, inventory will remain at staggeringly low levels causing prices to continue to rise in the Austin metro and most of Central Texas as well.