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Hot Weather, Hot Sales, Hot Areas=AUSTIN

By
Real Estate Agent with Sky Realty

Austin has dried out a little from all the rain we've had in the last few weeks.  The weather has become Hot and humid.  People are heading to Lake Travis to cool down.  Homes that were once a long walk fromm the shore are now water front.  It unfortunate that some people built during the last few years when we had little rain.  Many built in flood zones and thought little about it.  Their homes were under several feet of water when the lake level crested at 702 ft msl in early July.  I don't feel sorry for these people because they should have noted the flood zone as a possible problem for building. That aside land around the lake has become very hot.  Lots are limited in size and number and prices continue to increase.  I have seen prices double in some areas over the past 3 years.  This is incredible and shows the strength of the Austin market.  We are seeing rapid growth all over Austin.  Downtown condos are popping up so fast it's hard to keep track of them all. Things are slowing in other parts of the country but they remain red hot in Texas.  If you want to read more about the areas in Austin, Tx go to http://buyorsellaustinhomes.com and access the information about areas on the left side of the screen. 

Cristy Smith
mmm - Austin, TX

It sure is hot and humid! This has been a wierd summer with all the rain!

Cristy

Aug 08, 2007 02:45 AM