Home sales in Colorado fell by a fifth final 12 months and are expected to slow much more this 12 months, decreasing the number of brokers wanted to service the volume of transactions out there. The mortgage business suffered big job losses final 12 months, and the grim reaper could be coming for the careers of real estate brokers this 12 months. According to Zillow, the Austin housing market is “ice cold,” falling out of the highest 10 for hottest real property markets after topping the listing in 2021 and landing at 10 last yr.
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