Austin Named #5 on “Where Home Prices are Likely to Rise” – Forbes.com List

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Once again, the Austin economy has managed to make it onto an encouraging list.  Yesterday, Austin was named #5 on Forbes.com’s list of places where home prices are likely to rise.

The study looked at the following criteria to develop this list:

  • Projected housing starts
  • Job growth figures
  • Cost structures for local businesses
  • Composition of local economies

The text of the whole article is here:

http://www.forbes.com/2008/08/25/housing-prices-rising-forbeslife-cx_mw_0825realestate.html

Clearly, this is very good news for those of us who are involved in selling Austin Texas real estate.  Recently, the chief economist at Texas A&M, Mark Dotzour, predicted that Austin would likely recover much faster than the rest of the country.  His prediction was that we would see a big swing between now and next summer sometime, probably in the spring.  Dotzour also estimated that Austin will add roughly 8,500 new jobs in the next year.  To read the entire article with his findings, you can visit:

http://austin.bizjournals.com/austin/stories/2008/08/18/daily13.html

If you are considering a home purchase here in the Austin area, I would love the opportunity to help you with this.  I have been selling homes in Austin since 1997, and our team is knowledgeable with regard to almost every area of central Texas. 

Here is my online relocation package if you are interested:

Austin Texas Relocation Package

Having lived here since 1988, I can assert that Austin is an absolutely terrific place to call home.  I hope you decide to join us here!  If you need anything at all, please don’t hesitate to contact me.  My cell phone number is 512-796-7653 and my email address is jason@austintexashomes.com.  I look forward to hearing from you soon!

Jason Crouch, Broker/Owner – Austin Texas Homes, LLC

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