Home Sales Are Getting Hot As We Move Into Summer

As we move into summer home sales are rapidly underway and the US real estate market is hotter than ever.

According to the National Association of Realtors, March 2013 experienced the highest home buying activity since that of April 2010. It is thought among economists that March 2013 figures are more “pure” than that of April 2010 figures which the homebuyer’s tax credit helped to artificially support.

Austin Texas Housing Real Estate Trends

Across the nation home prices have been soaring. Austin, Texas is no exception to the rule. The housing industry is in a state that is being celebrated around the world, and everyone is getting involved in the buying spirit. The economy is more stable than it has been in years, interest rates are low, and market values continue to increase. It is the ideal time to buy and sell, as the stats on the Austin, Texas real estate nicely outline below. Let’s take a look.

Austin’s Economic Growth Draws New Residents

Austin’s phenomenal economic growth continues to draw new residents. The city’s population grew by 37.3 % in the decade between 2000 and 2010 and the growth continues. Texas’ Capitol city is one of the premier business cities in the nation, with several Fortune 500 companies located in it or nearby and over eighty Inc. 5000 companies. The charming city attracts both corporate ladder climbers and entrepreneurs looking to strike out on their own.