Austin homes put up again as overpriced
A new study finds Austin has the second most overpriced housing market — but it shouldn't cause worry that a housing bubble is in danger of bursting. The study by researchers at Florida Atlantic University looked at housing data from the top 100 housing markets and compared it to historical pricing information. In a nutshell, researchers estimate that under a historical trajectory, the average home price here should now be $347,775. Instead, the study found that the actual average price is…
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