April 25, 2007
Since our local news media thinks the Austin Real Estate Market is “cooling”, based on only a 1% increase in number of sales the first quarter of 2007 compared to 2006 (smallest increase in several years), I thought I’d offer another viewpoint of what determines the strength of a real estate market. Namely, the ability [...]
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April 24, 2007
There is a lot of press out there about the national housing market. This article below is from Forbes. Austin has slowed down with respect to number of sales, but prices keep rising in the desirable areas. I cringe when I see local newspaper article headlines “Austin Home Sales Cooling” because that’s a misleading thing [...]
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