6 mo ago you were doing lives and trashing ppl like me (Austinite for 40 years). I simply stated that every market is unique and Austin is due for a major correction, fast forward 6m and we are 20% plus from peak in alot of Austin areas. Your the prototypical RE agent. Always a buyers market, cherry pick data to only push your dialog. When your at the point to were you are pushing New Construction incentives as buying points that should tell buyers enough.
Thanks for your comment. You are correct. I am a realtor. You are wrong as I don’t always say to buy. I’ve explained not to buy many times and when it’s right or a wrong time to buy. This is a correction. Many were screaming crash… big difference. Everyone has a different reason for buying and many buy new construction. Pointing out incentives is helping those that don’t even use me. Thanks for the feedback.
@@MostlyPeacfulRiots I appreciate it. And you’re definitely justified in your comments. I wasn’t trying to be snarky in my reply. I know I can be at times.
@JermyAKnight Didn't take it that way at all brother. I watch you enough to know your not self indulged, I just have different retrospect 😊. Real-estate is a complicated sector. you're the subject matter expert, I just tent to be bearish on the current ATX market due to the insane lack of GDI growth along with home price increase, something has to give but time will tell, and with the FEDs turtle pace with rates, we will prob have to wait a long time.
@@MostlyPeacfulRiots appreciate that. If we had spread out all this inventory over the last 4 years. We’d be in the same prices ranges without the big bubble.
Jeremy I just got my property appraisal here in Zilker...😢...raised another 50K. I follow sales closely and I will protest myself because they usually give a tiny bit back but it's pretty spot on as prices have stayed pretty level here.
@@JeremyAKnight hearing very negative outlook for cuts. Big cut or many small cuts were anticipated this year, but now we are at, maybe some small cuts end of the year. Looks 50/50 :(
Well when developers price homes at over $6/7/800 per sq ft, I think it’s fair to believe these can come down. Not the consumers fault that they underwrote poorly
@@JeremyAKnight The inventory is up in Austin, but I doubt we will see more than a few points drop a year, and most of the losses will intensify in the weaker areas.
