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statistics: First Quarter 09 - 04/08/09 08:29 AM
 Here is a precursor to Residential Stratigies' review of the first quarter 09 numbers for Austin.  It is actually pretty good... compared to the rest of the world.  Austin added jobs, reduced inventory and is below or at equilibrium (6 month supply) even with lower demand due to the disasters in the economy.  Pretty amazing really!
New home starts continued their decline in the Austin area for 1Q09 according to the latest
market census prepared by Residential Strategies, Inc. Builders started 1,215 homes for the
quarter, a decrease of 280 units from 4Q08, and down 47% (-1,082 units) from 1Q08. The annual
start … (0 comments)

 

Jessica Bruehl

Austin, TX

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JKB Realty Group

Address: 1927 Lohmans Crossing, Suite 102, Austin, TX, 78734

Office Phone: (512) 532-5005

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