The real estate market run down with Nicole Cooper, owner of NBC Realty. Will we run out of homes to sell in Austin? At the rate we're going, the short answer is yes. Based on current measurements of absorption rate, Austin is absorbing properties at 143%. To have a healthy seller's market, we'd need to be closer to 25-35%. We are way out of wack.
You may be thinking about how much you'd like to move to have some more space, newer space or just a change of space, but also think it's impossible. It is NOT impossible. One of the many strategies we use is with a company called Homeward. This company allows you to buy WITH CASH before you sell. It's a cool concept to solve a very challenging problem in the current market. If you want to know more, let me know. I can help you.