Austin Real Estate Update

February 26th, 2011 11:52 AM

Austin area existing home sales were up 14 percent in January 2011 compared to January 2010 per the Austin American Statesman. 

Since November 2010, our brokerage has seen a 40% drop in home inventory and an increase in home sales throughout Austin and surrounding cities. 

Based on recent positive articles about Austin, the improving local economy, an increase in rents and low interest rates, Premiere Team Real Estate believes these are the factors behind the increase in recent home sales. We also believe with Spring upon us home values will continue to improve throughout Austin, Cedar Park, Leander, Pflugerville & Round Rock, Texas areas.

Because of these recent statistics, we suggest people that are thinking about buying take a more serious look before home prices and interest rates go back up.

If you are considering buying, leasing or selling, let an experienced and knowledgeable Premiere Team Real Estate Agent help you find the right house and negotiate the best terms. Call us today at 512-794-9914 to get started.

Don't forget to ask how our "Lease Buyout, Buyer Rebate and Move Up Programs" can SAVE you thousands.


Posted by Mike Cusimano on February 26th, 2011 11:52 AMPost a Comment (0)

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