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I hope you’re ready to hear some good news about what’s to come in 2014, because there is a plethora of it to share about the real estate market in Austin, Texas.
- First of all, lets look back at what happened in 2013: 31,000 homes were sold (including 8,500 newly built), as well as a 25% increase in the volume of sales. Homes were also selling faster, as inventory days on market was down by 21%
- With 150 people a day moving to Austin, there will be 60,000 more jobs in Austin within the next few years, and most of these are coming from the entrepreneurial sector, as well as IT, high tech, and the entertainment business.
- This growth is not looking to slow down anytime soon, and these growing markets are only another reason for people to buy homes and plant themselves in a burgeoning city like Austin.
We are ready to work hard in 2014 as Austin is quickly becoming an epicenter of population growth and a place for people to call ‘home’.