Economist: Austin rent decline gives clues about home price direction

There's further evidence that the Austin housing market is not only softening, but that it's one of the best buys in the country right now. New research from Florida Atlantic University shows homes here are falling more in line with expectations. Tom Miller talked with real estate economist Ken Johnson about the trend he's expecting.
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[@elcajoia619]

This sounds like an infomercial Advertisement.

[@02nupe]

It sounds good, however if someone is willing to pay whatever price, that’s the market price vs what someone thinks it should be. Sometimes they don’t line up.
( in reference to Atlanta and Detroit comment at the end)

[@user-ob4em4ge6c]

Home values are declining throughout Florida.

[@jamiebancroft706]

Income is rising????

[@rkgaustin9043]

😆

[@kouki_integra]

Of course not.

[@dancox3251]

sure it is. everything else is just rising much faster.

[@02nupe]

@@dancox3251bingo.

[@MM-sf3rl]

272,000 new American jobs in May - Thanks Joe. 💙🇺🇸Biden/Harris🇺🇸💙