The June 24 episode of
The Austin Breakdown dives into the latest trends in the Texas and Austin housing markets with an expert from the Texas Real Estate Research Center as well as more news from across the metroplex.
Real estate expert expects complications with rising interest rates
Following a dip early in the pandemic, home prices in Texas' major metros have steadily increased, with Austin's median sales prices for single-family homes continuing to break records.
However, with mortgage interest rates on the rise, a market cooldown could be around the corner, according to Adam Perdue, a research economist with the
Texas Real Estate Research Center.
Also on this episode...
Community Impact reporter Claire Shoop discusses how
Central Texas health care systems are planning to keep up with rapid population growth in the region. Plus, the city’s plans to acquire Austin-Bergstrom International Airport’s
South Terminal move forward and young children become eligible to receive
COVID-19 vaccines.
