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In a major shift, corporate investors are backing out of the real estate market

In a significant shift within the real-estate market, corporate investors are increasingly withdrawing their investments, a trend highlighted by Ashley Jackson, a real estate agent in Austin, Texas. This pullback is attributed to rising interest rates and economic uncertainty, causing investors to adopt a more cautious approach. The retreat of these investors is impacting the housing market dynamics, particularly in areas like Travis County, where the presence of corporate buyers had previously driven up prices. Moody's Analytics notes that this change could potentially benefit individual homebuyers by reducing competition and possibly stabilizing or even lowering home prices in the future.

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