In a post-pandemic world, the hot metropolitan areas sometimes called “pandemic darlings” are no longer, namely, those in Texas and Florida. Some of their purchase and rental markets changed as demand has cooled—and whether it’s for the better or worse depends on who you are in the housing market.
Earlier this month, an analysis from Redfin found home prices are falling in four major metropolitan areas across the country from a year earlier; three are in Texas. Home prices dropped 2.9% in Austin, and 1.2% in both San Antonio and Fort Worth. But nationally, prices are up.
