an article in the austin business journal outlined the current state of new construction in Austin. You can find it by clicking the link below
Austin home starts down 26% in 4Q
2011-01-04 12:40 PM CST
For the existing housing stock this is good news as it means that builders are not adding to our existing inventory of homes and that as demand continues to build and as those living at home and doubling up move less and less inventory will be available for them to chose from. Continue reading Home starts down mean?? Increase in rents!!