In the July 29 edition of the Austin American-Statesman, there was an article about June home sales dropping for hte first time in five years. While I certainly can't dispute the facts, we need to look at this information in context. Even though sales were lower than June of 2006, they were still at the 2nd highest in many years.
The Central Texas real estate market has had record-breaking home sales for the past four years, so I am still very confident in the market right now. You may read how, nationally, the real estate market is struggling, and in many places that is true, but some of the country's best real estate investments are still right here in Central Texas.
Employment opportunities are increasing in many areas around Austin with additional retial developments popping up, and companies are moving people into the area. In Williamson County we are looking at several new medical facilities that are going to be needing doctors to come here from somewhere. Traditionally, where there are employment opportunities, housing sales will remain strong. I am working right now with two couples moving here from outside of Central Texas, with another couple coming in a few months. So people ARE out there buying right now!
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