As we head into the Holiday Season, we should see a decline in home inventory as many home owners take a break until after the New Year. Though this is normal, for those home owners still wanting to sell it brings more opportunity. After all, less inventory, low interest rates hovering around 5% and Uncle Sam's Tax Credit extension can only encourage buyers get off the fence and buy something before it's too late. Besides, it's just a matter of time before home values get back to normal. Lastly, with home sales increasing and home inventory decreasing for the 5th straight month per ABOR, I believe we will continue improving far into next year. For more information about the Austin real estate market or for a list of available properties, please call 512-794-9914 or 512-345-1919 or visit our website at www.premiereteam.com.
ZIP Codes: 78727, 78728, 78729, 78731, 78757, 78758, 78750, 78759 Approximate Location Boundaries: Travis & Williamson Counties
Location Characteristics: More and more planned condominiums, some with store fronts, are now being developed mainly in central Austin as the demand increases for downtown living. New home builders (now building green), on the other hand, are focusing on the outlining areas where growth continues, especially around the new expressways and toll roads. Travel time has been cut by almost half, with these new additions. This should allow for continued growth in residential areas, but most especially commerical real estate areas for years to come.
Austin has several large shopping mall complexes and a new outlet mall; plus, name brand high end stores are coming into town. At this time, there's no indication of growth slowing down in the near future. In fact, in the central Austin area, older homes are being torn down and new custom homes and high rises are being built in their places.
For more information about the Austin real estate market or for a list of available properties, please call 512-794-9914 or 512-345-1919 or visit our website at www.premiereteam.com.
About Mike Cusimano:
I'm the Broker & Team Leader with Premiere Team Real Estate. I have been ranked as one of the TOP REALTORS in Austin since 1995. My team members have been hand selected and together we make buying or selling homes a smooth transaction for all of our clients. We have helped over 2300 families buy or sell homes and we continue to grow; mostly by referral. We want to be your real estate agent. A 3 to 5 minute phone call is all it will take and we'll even pay for any long distance charges. To speak to one of our agents now or to obtain a FREE list of available homes that meet your criteria via email, call 512-794-9914 or 512-345-1919. For information about selling your home or to hear more about our Move up, Flexible Commission or Guaranteed Sale Programs, call 512-795-9918 or visit our website at www.premiereteam.com.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
