-
Housing bubble 2022? Real estate expert on Florida, Austin, Boise
Anyone looking to buy a house right now is in a rough spot: Home values continue to be at all time highs, and rising interest rates make mortgages increasingly expensive. As of March, Zillow values the typical U.S. home at $337,000, a nearly 21% increase from year ago and a nearly 34% increase from 24 months ago. In some of the country’s hottest housing markets, the jump in home values is even more dramatic. Home values in Austin, Texas, for example, have increased some 71% since March 2020, according to Zillow data. In fact, nearly 40 the country’s biggest metros have seen home values increase more than 40% in the…