High interest rates slow Georgetown ISD enrollment growth, area home sales

District still remains third in area home closings, according to demographics report

 

Demographer Bob Templeton spells out how high interest rates are slowing home sales during Georgetown ISD’s Monday, December 12, board meeting.  (Photo by Katherine Anthony)
Demographer Bob Templeton spells out how high interest rates are slowing home sales during Georgetown ISD’s Monday, December 12, board meeting. (Photo by Katherine Anthony)

Home interest rates have doubled from spring to fall, slowing both new home sales and projected district enrollment growth, according to Georgetown ISD’s most recent demographer’s report. 

Bob Templeton, Templeton Demographics president, made his Third Quarter 2022 report to district trustees Monday, December 12. 

The firm’s work enables the district to identify trends in housing developme…