In Jan and Feb, supply in real estate market in Austin has been very tight and there was no inventory for investors.
As a result of COVID-19 pandemic, a number of potential home buyers in Austin have turned into renters.
That leaves an opportunity for investors to purchase homes and there is a larger pool of tenants out there.
Builders also have specials being offered now. However, this opportunity maybe closing soon as Texas is gradually opening for business, and many builders have already witnessed activities picking up.
Real Estate potential follows job creation: Click here for Tesla possible investment in Austin.
Here is an excerpt from our presentation below featuring our local affiliate, if you have any questions about investing in Texas, please feel free to reach out to Monica. Register for our upcoming Zoom seminar at www.greiclub.com