Austin & San Antonio Markets Still Strong (Fall 07)
Many of you may be hearing news about a downward turn in real estate. I would like to provide you with some clarity on the situation.While we are seeing some hesitation in the market, most likely a result of the barrage of headlines about the national real estate market and the fall-out from the sub-prime lending market, Austin and San Antonio are still very strong markets. Applying the national real estate headlines to our local markets is like saying it is cold and rainy in everywhere in the United States.
Keep in mind that Austin:
Is ranked by Business Week as having the most affordable housing of any metro area in the nation
Is in the top 10 markets nationally for job growth and actually has the healthiest job market in the last 6 years
Has a foreclosure rate that has actually fallen since last year
Is expected to double in population in the next 20 years
Has never seen the dramatic rise in prices that has troubled many markets around the country
Has NO fundamental problems in the real estate market
Has a great selection of homes to choose from, making this a GREAT TIME TO BUY-it’s like having a clearance sale!
So, if you or someone you know are looking to buy, please give me a call and I’ll be happy to help you take advantage of this very opportune time.
Angela
512-762-0923
www.RealTexasAgents.com
