Report: Austin Housing Market Amongst Least At Risk

The Austin area housing market will be amongst the least affected by the Covid-19 pandemic, according to a new study by real estate data provider, Attom Data Solutions. Austin’s Travis County ranked number 457 on the list of 483 housing markets included in the study. Markets were considered more or less at risk based on the percentage of housing units receiving a foreclosure notice in Q4 2019, the percent of homes underwater (LTV 100 or greater) in Q4 2019, and the percentage of local wages required to pay for major home ownership expenses.

New Jersey and Florida are likely to be the hardest hit with 24 of the 50 most vulnerable counties.

Texas had 10 of the 50 least vulnerable counties on the list.




Posted on April 26, 2020 at 2:55 pm
Todd Harper | Category: Uncategorized

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