Discover the latest housing market trends of the San Francisco, CA and Austin, TX technology hubs in the newest RiskWire webcast. Hosted by Eric Fox, Veros’ Chief Economist, and Reena Agrawal, Research Economist, learn about the factors influencing future home prices, including the gradual decline in interest rates and slight shifts in unemployment rates. Uncover the fascinating history of how these tech hubs experienced remarkable growth during the early pandemic years, only to face challenges as mortgage rates rose and remote work dynamics shifted.
Episode nine highlights include:
- The arrival impact of major tech corporations
- Subsequent affordability challenges
- Migration trends that shaped both markets
With a focus on San Francisco’s forecasted low single-digit depreciation and Austin’s potentially more significant depreciation, gain valuable insights into the ongoing normalization and correction within these tech-centric real estate landscapes! Watch the episode here.
