Zillow: Austin's housing inventory up, but value appreciation and prices down

AUSTIN (KXAN) — A Wednesday report from Zillow states that its seen a nationwide increase in homeowners looking to sell, but that potential buyers aren't biting yet.Many homeowners who bought homes or refinanced during the COVID-19 pandemic could take advantage of a historically low prime rate. But this tightened the national housing supply in 2022, due to "rate lock" -- when homeowners don't want to lose already negotiated low mortgages.“Rate lock’s hold seems to be loosening