In April 2009 we saw a drop in the vacancy rates (excluding new construction) in Hays county single family homes to 34%. Breaking it down in the chart below you can see that some of the cities saw more improvement/descreases than others.
When I looked at the overall rates across of the cities in Travis, Williamson and Hays County I saw that a 
high rate typically went along with a higher foreclosure rate, such as is the case in Del Valle. So when I noticed Driftwood and Wimberley's rates had increased I went into the records to see if that meant these cities also had a higher foreclosure rate, but I was relieved to see that this wasn't the case. Of the current vacancies in both Driftwood and Wimberley the cause related to foreclosures was noted as the case in only two of the vacant listings.
We're now entering the 'selling season', that is spring and summer real estate sales are usually the highest time of the year. Combine that with the 8% tax credit for new homebuyers, the fact that most of the cities in Hays county are eligible for the USDA loan program, the historically low interest rates AND the opening of the new Seton Medical Center that is opening in Kyle in the early fall, and we're anticipating a real estate boom in Hays in the next couple of quarters.
If you are interested in taking advantage of this market and want to buy or sell your home in Hays County, give us a call. Not only do we work in the area, but we live there as well. Click here for a full listing of Kyle Texas Real Estate as well as Buda, Dripping Springs and other Hays county cities.
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