Buying a home in Austin is unlike buying a home in any other city. And if you’ve already completed a home search here, you understand a few things about the market that home buyers in other markets don’t get. If this is your first search, you might be looking for some insight. Our 5 Things Only Austin Home Buyers Understand will share insights from seasoned Austin home buyers to help with your search.
Our monthly market reports show that for the last 40 months, Austin home prices have been steadily on the rise. While friends & family in other markets may find this nearly impossible, Austin is truly a boom market.
150 people are moving into Austin each day, while only 40 are moving out. Overall, Austin saw a 13.2% increase in population between 2010 and 2014. That means lots of new buyers are in the market each month, which helps keep demand up.
Austin also has an incredibly strong job market and saw a 19.1% increase in jobs between 2010 and 2015. This means that buyers have both the money and stability required for home ownership.
Just this year Austin was named America’s Next Boom Town and the awards for Austin are piling up. Austin’s livability is no longer a secret so we expect these trends to continue for some time.
Thinking of Buying a Home in Austin in 2018? Start Your Search Now
Our team of buyer’s agents has a combined 58+ years of experience representing buyers. We can help you avoid all of the mistakes and negotiate a great deal on your behalf. We believe home buying should be about counseling you to find the right house for you and your family, not hard selling you the most expensive house you can afford. To learn more about our team, check out our Austin Home Buyers page. Then, fill out our Buyer Survey, email us at info@11OaksRealty.com or call us at (512) 827-8323 to schedule a no obligation consultation. Remember, hiring a Buyer’s Agent costs you nothing!
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