Seller’s Market

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It is a seller’s market once again. Rising home prices and lower inventory. “Over the last five years, the pace of home price growth in the Austin-Round Rock MSA has exponentially outpaced the median family income growth. According to the Department of Housing and Urban Development (HUD), Austin-Round Rock median family income increased 17.5 percent from 2013-2018, while ABoR data shows that median home prices increased 42.5 percent from May 2013 – May 2018″.