Austin Housing Update

It appears that the Austin housing market is strong compared to the rest of the Country!

This is mainly due to the fact that Austin is a relatively young metropolis and large companies are continuing to see Austin as a great city to invest in. A sure sign that points to a continuing housing boom is seen in the commercial real estate market, where rents continue to rise, and the office space once left empty from High Tech companies is being filled by other large and mid sized companies. Where there are companies investing in office space, there are new jobs, which relates to a need for housing. If this continues, we should see prices that continue to rise modestly and a housing market that will likely remain strong.