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Central Texas real estate expert Kenn Renner discusses the massive builder sales due to low-rate financing offers. To sell your home faster with Kenn, call or text Kenn Renner at 512-423-5626 or schedule a call at his website http://www.CallKenn.com. In this episode of the Real Estate 360 Radio Show, Kenn Renner discusses the current state of the real estate market, focusing on Georgetown, TX, as the fastest-growing city in the nation for the second year in a row. Kenn also explores different real estate opportunities across central Texas, including Austin, Temple, and Bastrop. Kenn shares various properties that are currently for sale as well as rental income potential. Key Takeaways Lack of supply in the housing market is a national problem that's contributing to rising prices. A rise in interest rates drops buyers' purchasing power by 12%. New homes are being sold cheaper than resale homes due to a lack of inventory. Values and interest rates are not going down. Builders are buying down interest rates, and sellers can help lower interest rates by selling their properties for top dollar. Austin and Georgetown are popular suburbs with small-town vibes and good schools. Georgetown is the fastest-growing city in the nation for the second year in a row. San Antonio has the third-largest population increase among big cities in the US. Fort Worth, San Antonio, Houston, Georgetown, and New Braunfels are among the top ten cities in the US by population increase. People are moving to Texas because of the confidence in the market and relatively lower home prices. Key Episode Timestamps 1:00-4:00: Mark Sprague's presentation on the real estate market, where he learned about the challenges of the current market, including a lack of supply and rising prices. 4:00-8:30: Different real estate opportunities in Texas, focusing on Georgetown and the surrounding areas, including Austin, Temple, and Bastrop. 8:30-12:00: Properties that are available for sale and emphasize the potential rental income of each. 12:00-16:00: Ongoing trend of people relocating to Texas, particularly to suburbs like Georgetown and the surrounding area. 16:00-20:00: Cities in the area to determine the best quality of life are based on various factors. 20:00-23:00: Real estate market trends in Austin, including median price increases and recent sales prices. Kenn shares stats from his attendance at Mark Sprague's presentation on the real estate market. Mark notes the market has turned the corner but is facing the challenge of a lack of supply, which is a national problem. They mention that a 1% rise in interest rates drops buyers' purchasing power by 12%. He also notes that new homes are being sold cheaper than resale homes due to a lack of inventory. Kenn then moves on to discuss different real estate opportunities in Texas, particularly in Georgetown and the surrounding areas. They mention various properties for sale, including a 2200 sqft house in Avery Ranch, renovated house for $399k, a duplex for $399k, and a property already leased for $1750/month. Kenn emphasizes the potential rental income of each property. The discussion then shifts to the ongoing trend of people relocating to Texas, particularly to suburbs like Georgetown and surrounding areas. He notes that Georgetown is the fastest-growing city in the nation for the second year in a row and that more people move from Travis County to Williamson County than any other county, indicating that Georgetown is becoming an attractive place to live. Kenn then compares different cities in the area, including Georgetown, New Braunfels, and San Antonio. They mention that Fort Worth, San Antonio, Houston, Georgetown, and New Braunfels are among the top ten cities in the US by population increase. Kenn wraps up the episode by discussing real estate market trends in Austin. They note that median prices have increased by $16,000 in just four months, with January stats reflecting November/December sales prices. He predicted this increase in median prices and predicts a further 15-20% decrease since June. Kenn is a real estate agent based in Georgetown, TX. With over 35 years of experience in real estate, Kenn has become an expert in the industry, specializing in helping clients buy and sell properties in the Georgetown area. He is also a speaker, author, and coach, sharing his expertise and knowledge with others in the industry. Kenn offers a personalized approach, guiding clients through every step of the real estate process with professionalism and care. He is respected in his community for his dedication to his clients and his passion for the real estate industry. If you're looking for an experienced, knowledgeable, and dedicated real estate agent with decades of experience in Georgetown and central Texas, look no further than Kenn Renner. Sell your home faster with Kenn. Call/text Kenn at 512-423-5626 to schedule a call visit http://www.CallKenn.com.