Down 25%! In July I wrote a blog post about the absence of buyers. They seemed to have disappeared. I didn't have any buyers in client line up and no one was visiting my listings.
The statistics came out showing that in July, Austin home sales were down 25% over July of last year. That was better than the national average at 27.5% so it appears that Austin is in better shape than most of the nation. There has been speculation that the end of the tax credit could have something to do with that but much of my business didn't qualify anyway.
Now I am working with 2 buyers which gives me hope but my listings are still dormant. Everywhere I go, people ask me what is going on in the Austin real estate market. Home buyers and homeowners want to keep tabs on buying and selling potential. So if you want to sell, be prepared to be patient. If you want to buy, there is a lot on the market from which to chose. And if you are looking for an Austin REALTOR, I'd love to interview for the job. I want to be your REALTOR so contact me at 512.589.7988 or robin@robinscottrealtor.com
Austin, Texas. Robin Scott, BROKER Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.
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