A new report by Zip Realty, Inc. states that homes listings in Austin, Texas dropped 20% compared to homes listings in November 2008. The number of available homes on the market is not as high as it was this time last year. Some market analysts believe this means that the housing market is on the cusp of a positive trend. Across the country, the trend is not as evident with only a 2.4% decrease in homes listings. Austin’s economy is well on its way to recovery, but then again, Austin’s real estate is not a bubble market and never was in trouble. Austin is and always will be worth your investment.
Read more about the Austin real estate market positive trend here.
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