Austin Texas Real Estate

Austin Texas real estate is one of the best places you can put your money right now. Why? Because many high-end retailers, restaurants and businesses think Austin, Texas is the place to be!

Major industries like telecommunications, high-tech, and of course - film and music have recently decided to make Austin home. And, with that the demand for Austin, Texas real estate has gone up.

It's true that no one can predict the future, but while many markets in the U.S. have seen unrealistic ups and downs in their real estate sales figures in recent years - causing talk of the "real estate bubble" and fear that it will soon pop, if you look at the trend in Austin Texas real estate, you'll see that we've been remarkably consistent in terms of home sales.

In the period of 2001-2003, expectations were that the post 9-11 economy would hurt this market, coupled with the dot com bust and enourmous lay offs. However, home sales surprisingly stayed at level rates. The number of listings (homes on the market) went up, making it better for buyers who had previously suffered from a lack of sufficient properties to buy. Yet sellers have not noticed a drop in sales prices.

In fact, according to this chart , since 2000 median home prices have stayed relatively consistent unitl this year. The table below shows this in greater detail.

David Hood
Austin Homes & Real Estate
(512)567-7053

Real Estate Link World