Austin Real Estate Blog - AustinRE.com

The Austin Real Estate (www.austinre.com) Blog provides information and resources to assist you in locating a place to live in Austin and it's surrounding areas.

Tuesday, August 19, 2008

 
Austin has weathered the national housing downturn better than most cities, according to Mark Dotzour, chief economist and director of the Texas A&M Real Estate Center. Dotzour also says, as builders here have done a good job of cutting back sharply on new starts as tighter lending standards have made it more difficult for people to buy, causing sales to slow sharply. But it should be much better in the summer of 2009.

So start planning now for a 2009 purchase. You can read all about the above and more in the just released Texas Real Estate Market Reports.

The 2008 real estate market reports for the state's 25 Metropolitan Statistical Areas (MSAs) are now available. The reports cover census data, employment and unemployment, major industries, business climate, education, transportation and infrastructure issues, growth patterns and much more. Best of all, they are available from the Center's website for free.

Go to http://recenter.tamu.edu/mreports/ for this very informative online report. PDF downloads are available here for your particular area including the Austin/Round Rock area.

Comments:
Thanks for the link to the Real Estate Center's report. Austin Real Estate is looking good.
 
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