Austin Real Estate Update & Outlook for July 2009

All signs are pointing to one major point… Austin remains a strong, stable market and the bottom has already happened! This could change, but no one that I’ve heard expects any worsening real estate market conditions in Austin any time soon. Here is a report by Austin Home Search, the public website provided by the Austin Board of Realtors® (currently supplying the search for this website at http://austinhome.pro/mls-search. There are definately still “bottom-feeders” out there, as we affectionately call them in the real estate industry, but the number of “screaming deals” (and I’m sure you’ve heard of one or two even though we’ve had relatively few) is waning back to our comfortable, stable, Austin levels.

Happy house-hunting and give me a call if you are looking for a more or for an investment opportunity!

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