The shock to the economy if that were to occur in the next couple years would be unprecedented.

In the last 5 years we have had unprecedented low interest rates.

Jan/Feb is the best time to try to sell a property.Late Summer is the best time to buy as Inventory is at its peak.2020 was an absurdly tight year for supply/demand, bringing unprecedented low Inventory.2021 is likely to look like a normal year as we all have adjusted to the realities of COVID. 

Overall, the Central Texas housing market is beginning to normalize to more stable market conditions.Here are the basic stats on single-family homes sales for February 2017 for the City of Austin and the Greater Austin Area:Below are excerpts of from the press release from the Austin Board of REALTORS®.The February 2017 Central Texas Housing Market Report....showed a slowdown in single-family home sales growth throughout the Austin Round Rock Metropolitan Statistical Area (MSA) in February 2017, indicating that the Central Texas housing market is beginning to normalize to more stable market conditions.From Brandy Guthrie, 2017 President of the Austin Board of REALTORS®:“The Central Texas housing market is just now beginning to catch up to itself after years of unprecedented sales growth.

With a heavy-handed new law that is the first of its kind in the nation, Seattle has set its regulatory crosshairs on landlords, attempting to police their inner thoughts and eliminate the possibility that their decisions could be motivated by "implicit" or unintended bias.Known as the "first in time" rule, the mandate forces landlords to rent to the first qualified applicant, rather than choosing the best fit from among prospective tenants.Sponsors contended that this unprecedented restriction is needed because traditional anti-discrimination laws do not protect against unconscious prejudices.

Five headwinds that California coastal real estate is facing which never existed in any previous market: (1) Baby Boom retirement is creating more sellers than buyers. (2) The Fed's unprecedented regulation of interest rates through money printing and Treasury note buying is winding down. 

In unprecedented manner, I had 3 buyers fall through on one property, and I'm still in the process of selling it!

As we face an uncertain geopolitical environment coupled with historically high inflation rates in the US, I wanted to take a moment to address our Member base about these unprecedented times.

In my area, multi family prices have continued to increase at unprecedented rates as the economy has reemerged from the downturn of 2020.

These rates are truly unprecedented and the transaction activity has slowed significantly.