Research

Austin was the big winner, growing its workforce by 22.3%

But then home buying in general slowed in 2023.

North Carolina's capital was recently named a top city for first-time home buyers.

Class C Memory Care assets experiencing the highest increase, up by 89 bps to 10.5%.

Not surprisingly, the most expensive areas are on the east and west coasts.

Some markets are flourishing even as development nationwide slows.

Mortgage rates have slid from 8.1% that month to 6.61% in December.

Many out-of-town home buyers have significantly higher incomes than local residents.