Numerous prospective customers remaining the market dejected and without a home to contact their possess. As a result, need for rentals surged and rents went up across the state. “It was an crazy 12 months,” explained Matt Holm, an agent with Compass in Austin. Very last January, he put a lesser five-calendar year-previous house on the market at $425,000, higher than comparable sale selling prices, and was flooded with provides. “I stopped counting at 35 presents,” he said. The property sold for $545,000, a 30{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} increase in excess of the listing value. Another buyer, who purchased a lakefront luxury property for $6 million in 2020, was provided $9 million a…