Tuesday, 29 July 2008
Forbes names Austin area Number 2 city in nation for buying a new home!!! This is again great news about our LOCAL real estate market and how well we are doing vs. many areas in the country. According to the report on Forbes.com, having a business-friendly tax environment and many large corporations combined with lower monthly mortgage payment contributed to the high rankings. And the outlying areas around Ausin including Cedar Park and Leander, TX help in this ranking. Leadner Economic Development Director Kirk Clennan was reported in the Hill Country News Newspaper "We have capacity, affordability and teh great school district." Central Texas real estate continues to buck the trends set in other parts of the country, and sales and median prices continue to hold steady!! As I have said in previous Blogs, we must remember that real estate is local...we cannot let the broad media influence our decision to either buy or sell, and our localized markets continue to hold strong!!!