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. Of course that only happens if all things remain the same. When was the last time that happened? NEVER. Yes I have not forgotten that builder can begin building in a matter of weeks not months or years. This is still good news as it relates to existing inventory!
Do you have some real estate that you dont want or dont know how to sell? If so give me a call and lets discuss the options available to you 512-782-8982 or email me