Market has peaked for the year, still mostly a Seller’s Market
August 15, 2012 by Laura Duggan · Leave a Comment
Austin is projected to add 600,000 people by 2020 and an additional 800,000 people by 2030. In 18 years metro Austin will reach 3 million people! This continuous population growth at the time of a major US recession combined with less than normal new construction has made Austin a “Sellers Market” for homes below $600,000. […]
Market reaching peak, starting to slow, still mostly a Seller’s Market
July 14, 2012 by Laura Duggan · Leave a Comment
A Seller’s Market is defined as one with high buyer demand that results in slowly rising prices.Good and well priced homes in this seller’s market usually receive an offer in a few days. That is Austin, now. Currently, demand is high and inventory is low across ALL Zip Codes and Areas! The average and medium prices of […]
May Austin Market Report Available
May 7, 2012 by Laura Duggan · Leave a Comment
Is the Austin real estate market starting to stagnate or just taking a breather? •Number of homes for sale are at seven year lows. This month there are 28% fewer homes for sale than last year and 34% fewer than 2010 – a big drop in inventory. •Demand for homes was stagnate during April, the […]