After months of seriously low housing inventory — which has affected affordability throughout the country — it looks like there’s good news for buyers on the horizon. on the horizon.
According to the U.S. Department of Housing and Urban Development, October privately-owned housing permits were at a seasonally adjusted rate of 1,229,000 — a 0.3 percent month-over-month increase from September, and a 4.6 percent year-over-year increase from the October 2015 estimate of 1,175,000.
Buying a home is cheaper than renting — even in Austin
