Short housing supply drives stiff competition in area real estate market
Many homebuyers in Round Rock, Pflugerville and Hutto have been sharing a similar experience in recent years—homes sell quickly, and sellers are receiving multiple offers. “This definitely isn’t a looky-loo market. You have to be serious and motivated [to buy],” said Shavonne Martin, president of the Williamson County Association of Realtors. “If you see a home, you cannot sleep on it—you have to be prepared to make a decision [that day].” Local real estate professionals say the competitive market is driven by a lack of inventory.
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Source: Community Impact- Round Rock