Top Avery Ranch Realtor Kenn Renner Says There Is A Housing Shortage in Central Texas
As more and more people move to the Austin TX area, the housing supply is quickly diminishing. The decreased amount of new homes being built due to recent economic conditions is causing the increased population to fill up every available property.
"It's time to buy again," said real estate expert Kenn Renner. "Because of the lack of new home building, we're going to run into a housing shortage. This means that investors can start raising rents."
Several parts of Austin are seeing less than one month's supply of available homes, which means conditions favor rent increases ...