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"This has a ripple effect for builders to deliver homes to the Austin area." Along with job growth, low mortgage rates, wage growth, high consumer confidence, increasing household formation and.
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Ruben Gonzalez, chief economist with Keller Williams in Austin, Texas, said markets such as Seattle and Denver, where price gains have stretched buyers, are the most likely to feel the strain of.
Lower mortgage interest rates in recent months also are spurring sales, said Rude, principal of 360° Real Estate Analytics, an Austin-based consulting firm. Within Austin’s city limits, however, a.
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