However, new home construction has rebounded to previous levels in the past few months, so it seems like construction is back to pre-pandemic levels.

Others have rebounded well and paid back dividends that were put on hold during the height of the pandemic.Do you invest in REITs? 

Markets. (3)In this one hundred and seven page report, Austin landed in the number one spot for Overall Real Estate Prospects and number six in Homebuilding Prospects.Texas Economic OutlookTexas has been a powerhouse for the U.S. economy producing 9% of it’s GDP, 10% of manufactured goods, is the #1 producer of oil & natural gas, and Texas accounts for 20% of U.S. exports.Texas saw steady growth for 137 months until COVID-19 caused a decline in the economy.With weekly unemployment claims peaking at over 300,000 and a total 3.8 million jobless claims between March 15 to Nov 14, Texas was in unchartered territory.(2)The two most recent economic downturns in Texas — Hurricane Harvey 2017 and 2008 Great Recession — peaked at a fifth of that number with 60,000 claims.There are positive, rebound type numbers indicating a comeback — like Jobless claims declining to 6.9 percent in October, with a forecasted unemployment decline to 5.6 percent for 2020. (2)The most important indicator economist reference when identifying a true recovery is manufacturing output, which is just beginning to recover after steep declines in second quarter. (1)So Are We in a Recession?

Hotel and hospitality on the other hand should see a massive rebound next year once we achieve a better state of immunity.

I would suggest at least waiting until the current pandemic is over and seeing if the market rebounds a little bit for you.  

Citywide, total inventory has just about rebounded to pre-pandemic levels, and 6% lower than a year ago.

And they have rebounded since the virus.

Housing’s rebound from a springtime coronavirus-related dip has been powered by historically low mortgage rates and the pandemic’s push by homeowners to own larger living spaces.

I got hit bad in 2008 with values dropping but it of course rebounded now.

I chose to look up: the median home value from Zillowthe Rentometer average rentthe resulting price to rent ratiothe property taxpopulation growth since 2010change in income since 2000change in home value since 2000unemployment change since 2010 to 1st Quarter 2020 (which was not helpful due to rebound from the Great Recession)crime percentile for the country (also not helpful since most metros generally have relatively high crime)I started out going through all the markets, but quickly saw that I could not afford some.