REAL ESTATE IN AUSTIN
Austin continues to be a great place to both live and invest and now is truly a great time to be a property owner here! While much of the country is experiencing the downturn the Austin Housing Market remains strong and is poised for growth. When you consider the Afforadbility, Economic Growth, Lifestyle and Environment enjoyed by Austinites it is no suprise that Austin is a desirable market.
MORTGAGE RATES IN AUSTIN
Mortgage Rates for Austin.....30yr Fixed, 15yr Fixed, ARMs and Jumbo Rates etc.
GREAT REASONS TO BUY IN CENTRAL TEXAS
- Austin is expected to lead the nation in real estate appreciation in 2008 (4.8% estimated).
- Fewer families are selling their homes and with a steady inventory in the market rises in new home prices are anticipated.
- Interest rates for home loans are at historic lows, with the average rate for a 30 yr. fixed loan at 5.88%.
- The Austin MLS consistently has the lowest months of supply of homes for sale, making this one of the healthiest markets in the country.
- Compared to other major metropolitan areas, Austin’s cost of living index is lower, making home ownership not only attractive but attainable at all levels of the housing spectrum.
- Texas led the nation for job growth in 2007 (3.2%). The city also had the lowest unemployment rate in Texas at the end of 2007.
- Consistently ranked as one of the best cities to live in, Austin boasts a diverse and vigorous local economy led by a highly educated workforce. Austin’s economy consists of a healthy mix of sustainable industries, such as technology, business services, education and government. Some of the nation’s largest employers call Austin home including, AMD, Dell, Freescale, IBM, Intel, Samsung and Whole Foods.
Source Taylor-Morrisson Home Builders (March 08)
SEARCH FOR A HOME IN AUSTIN.
Search for Homes and Investment properties - Austin Property Search,
Evaluate Austin Neighborhoods and research Austin School District Information.
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Here are some useful Calculators.
View low altitude aerial photos of listed homes - go to "Map Search"