Why Austin’s Metro-Wide Price Data Doesn’t Describe Any Actual Austin Neighborhood

Austin’s widely cited year-over-year price decline of roughly 20 percent aggregates dozens of submarkets with vastly different fundamentals, and the distortion may be costing investors who rely on metro-wide data to evaluate opportunities, according to Nitin Kumar, an agent with eXp Realty who was the brokerage’s top-producing agent nationally by homes sold last year. In […]