Austin TX Ranked #2 - Best Cities to Buy a Home Right Now - Forbes

By
Real Estate Agent with Regent Property Group 0480809

Forbes has another new list and Austin TX is ranked #2 for The Best Cities to Buy a Home Right Now.

austin tx skylineIt's so true! Our Austin Real Estate Market is really pumped up. In many areas, there are multiple offers on most homes, in all different price points. Just this month, I had a multiple offer on a house listed at $112,000 but also on $485,000. The one at $485k had 40 offers!  I have one right now that is listed right below $250k and there are 9 offers. We have to submit the multiple offer addendum today to stay in the running.

Some stats that Forbes is showing is the Median List Price in Austin TX right now is up 12% year over year, at $229,500.  The Inventory level is down 19% year over year, which is creating a Supply and Demand issue in many areas. And most importantly, the unemployment rate is a mere 6.1%... lots of jobs here and moving in.

If you've been unsure about whether right now is the best time for you to buy or sell, take it from Forbes, Austin is in a great place right now.  Call me!

**Image of Austin Courtesy of the Forbes Website.

**Are You Packed Yet?**

donna harris Realtor Austin TX blog

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com

Donna@DonnaHomes.com
austin-texas-homes-for-sale.com

Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, CedarPark, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way. 

For real time Austin TX listings,click here.

** Multi-Million Dollar Producer Year after Year **

** Platinum Top 50 Finalist 2011 out of almost 9000 agents in Austin TX**
** Five-Star Professional 2011 & 2012 **
** RE/MAX 100% Club **

Copyright© 2012 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
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Austin TX Ranked #2 - Best Cities to Buy a Home Right Now - Forbes * was first published on donnahomesblog.com.

 

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Topic:
Real Estate Sales and Marketing
Location:
Texas Travis County Austin
Groups:
All Thing's Texas
HyperLocal Neighborhood and Community Posts
Realtors®
Austin Metro Area
Texas Real Estate
Tags:
austin tx homes for sale
austin tx real estate inventory
austin tx median home sales
austin tx real estate
forbes
forbes magazine

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Rainmaker
250,976
Tim Bradley
Commercial Real Estate Expert in Jackson Hole, WY
Contour Investment Properties

It's too bad Austin is in Texas... ;)

April 17, 2012 02:16 PM
Rainmaker
1,572,941
Lou Ludwig
CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
Ludwig & Associates

Donna

It's a good thing to be #2 on the Forbes List for being the Best Cities to buy a home right now.

Good luck and success.

Lou Ludwig

April 17, 2012 02:28 PM
Ambassador
1,481,160
Gary Woltal
Assoc. Broker Realtor SFR Dallas Ft. Worth
Keller Williams Realty

Great for Austin Donna. It keeps making these wonderful lists. 40 OFFERS !!!! Wow, that must have been some gem of a house or priced to sell. I wish you continued success.

April 17, 2012 04:27 PM
Rainmaker
351,604
Scott Hayes
Realty Austin, Broker Associate
(512) 786-8300
Saw this the other day, Donna. We are fortunate to work and live in this great market
April 18, 2012 07:43 AM
Rainmaker
555,042
Gloria Todor and Doug Durren - Delaware County PA Real Estate
Hard Working Professionals
Century 21 Absolute Realty

Hi Donna, That is great news for your area and will give it even more a boost with this article.

All the best.

Gloria

April 24, 2012 12:56 PM
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Rainmaker
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Donna Harris

Realtor, CDPE & ASP - Hill Country Lakeway Austin
Are you Packed for Austin? I can help!!
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Additional Information

This blog is to help educate Buyers, Sellers and even other Realtors across the country.  Each market is different and the way Real Estate is done is different.  Austin Real Estate is completely different than Dallas, California and Florida and everywhere else in between.  Some times there will be other things besides real estate as I like to rant and rave as much as the next!!  Come back often!

Donna Harris, REALTOR® with RE/MAX
Donna Harris, REALTOR® with RE/MAX
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