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A qoute from the recent report is that, "Austin Remained the Strongest of the Top 20 Markets On Every Metric in September"

Other notable facets of the report were that there were 17,076 single-family permits in 2005, Autin is the 19th largest market in the country.

Reasons for Austin's Market Strengthe were due to strong job growth and investor demand which led to higher traffic levels.

Low inventory continues to fuel strong price appreciation.

 

REALTORS in the markets below were surveyed on their opinions of

MARKET TRAFFIC  (T)

PRICE TRENDS  (P)

& BUILDER INCENTIVES (I)


*** THESE WERE THE MARKETS SURVEYED ***

 

Atlanta, Georgia T= Down; P= Down; I= Down

Austin , Texas T= UP; P= UP; I= Down

Charlotte, North Carolina T= Even; P= Up; I= Down

Chicago, Illinois T= Down; P= Down; I= Down

Dallas, Texas T= Down; P= Down; I= Down

Denver, Colorado T= Down; P= Down; I= Down

Fort Myers, Florida T= Down; P= Down; I= Down

Houston, Texas T= Down; P= Up; I= Down

Jacksonville, Florida T= Down; P= Down; I= Down

Las Vegas, Nevada T= Down; P= Down; I= Down

Los Angeles, California T= Down; P= Down; I= Down

Miami, Florida T= Down; P= Down; I= Down

Minneapolis, Minnesota T= Down; P= Down; I= Down

New York-Northern New Jersey T= Down; P= Down; I= Down

Orlando, Florida T= Down; P= Down; I= Down

Phoenix, Arizona T= Down; P= Down; I= Down

Riverside-San Bernardino [Inland Empire], California T= Down; P= Down; I= Down

Seattle, Washington T= Down; P= Even; I= Down

Tampa, Florida T= Down; P= Down; I= Down

Washington, D.C. T= Down; P= Down; I= Down

 

3 Comments on New Poll shows Austin as STONGEST MARKET

Robert, where is this report that you reference?  Dallas has over 47,000 active properties on the market.  That is not "low" inventory.  It's about 5.8 months of supply.  6 months of supply moves us into a Buyer's market...

10/17/2006 01:01 PM by Donna Harris, ASP (Re/Max HiNet)


Very interesting that Dallas is in here since in June that market led the country in foreclosures...

10/17/2006 03:57 PM by Allan Pape (PrimeLending)


I revised the post to include the results of each market's Survey

T = Agent's Opinion of Traffic

P= Agent's Opinion of Price

I= Agent's Opinion of Builder Incentives 

10/17/2006 07:48 PM by Robert Rees - Austin Real Estate (Robert Rees Realty, Inc)


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Real Estate Agent: Robert Rees - Austin Real Estate (Robert Rees Realty, Inc)
Robert Rees - Austin Real Estate
Austin, TX
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Robert Rees Realty, Inc

Office Phone: (512) 689-0850
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Weblog on Real Estate in General but particularly the Greater Austin Area.


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