In an article published the day after Christmas in the Austin American Statesman showed that Austin is one of the top markets for buying undervalued real estate. This is compared to the rest of the country where many markets are overvalued with their home prices. Investors should take note that Austin is still a good place to buy homes because they are going to see solid appreciation. As always check with a Realtor on specific areas. some neighborhoods are appreciating faster then others.

Find this article at: Austin Real Estate Market a Bargain

The state of Texas hasn't been plagued with that nasty bubble like the rest of county. That;s due to a rising job market and prices not appreciating dramatically. However I still get investors and buyers who think Austin prices are going to fall. Well they aren't as far as can tell. If a buyer decides to wait 6 more months because they think the prices will drop then they will experience trying to buy a home where the prices have gone up another 6%. The market is appreciating at about 6-7% a year.