No one expected this. (40% condo crash in Austin TX)

💡 Join 1,000,000+ users using Reventure App to find undervalued markets, avoid housing bubbles, and plan their next move. 📊 Explore Reventure App web → https://www.reventure.app 📱 Download the iOS App: https://apps.apple.com/us/app/reventure-app/id6736954854 📱 Download the Android App: https://play.google.com/store/apps/details?id=com.reventure.mobileapp&hl=en_US Condo owners in Austin, TX are taking a huge hit on values. This condo in downtown Austin has had a 40% price cut since 2022, and is now listing for below pre-pandemic pricing. This built all this supply of houses and condos in Austin and central Texas during pandemic, and now they're sitting on the market unsold. Inventory is up, and prices are dropping - down as much as 25% on average. Reventure thinks Austin could soon be a good place to buy real estate. It's now only 3% overvalued, with some ZIP codes being 20% undervalued. Access the data on Reventure App. --- Get priority during livestream chats by signing up as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting, Reventure App, or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel, along with Reventure App's data, and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting or Reventure App does not establish a formal business relationship.