| Market Commentary Provided by Mike Ross We are seeing good job growth and population growth. New Home builders have some great inventory availability on the ground and you can find some great buyer discounts with some great buyer incentives. This is also a good time to sell and move up and take advantage of some of the new home and re-sale home prices to be found out there. This is also a good time to find great prices on re-sale homes becuase of all the inventory available. |
| Report Date | Fall 2009 |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | Equal buyers and sellers | ||||
| Average Time on Market | 30-60 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $150,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Hutto and Brushy Creek is | |||||
| Seller Activity for the past 90 days in Hutto and Brushy Creek is | |||||
| Is Financing Available For Qualified Buyers in Hutto and Brushy Creek? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | I believe that all areas within the Hutto & Brushy Creek area are some of the best 'Housing Hotspots' in Austin | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $150,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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