Why Is Austin’s Economic Forecast so Strong?
Friends! I keep getting asked, “What’s going to happen with the real estate market!?” There’s sentiment that the market has been going up for so long, and we all know, “What goes up, must come down.” Are we in for some pain in Austin?
Instead of going off of “feelings” (which are great in other contexts), I wanted to know what economists are seeing in the data. I was very thorough and went to TWO economic forecast presentations, so here’s two hours summarized into a few minutes…