January 4, 2020
Austin came out on top when it came to forecasted housing performance in 2020. According to the Zillow Home Price Expectations Survey, Texas’ capital city is the most likely to see home-value growth exceeding the expected average in the coming year, with an overall score of 76 (out of 100).
The survey, sponsored by Zillow and administered by Pulsenomics, questioned a panel consisting of more than 100 U.S. economists and real estate experts. When it came to Austin, 83% of those queried indicated that the metro would outperform. Of the 14 markets with positive scores, 11 were in Texas or elsewhere in the Southeast or Southwest.
Meanwhile, of the 10 markets earning negative scores (meaning more panelists expected them to underperform), six were in California.
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