Why Austin Housing Market
Austin is experiencing growth in high tech and appreciating home values.
Housing prices are rising, but compared to the rest of the nation, are still relatively cheap. According to Local Market Monitor as reported in Forbes, Austin’s three-year home price growth projections are 27%.
Forbes named Austin a “Best Buy City” for real estate investors in 2016. Austin ranked number 7 among the top 20 American cities for real estate investments this year.
Housingwire.com rates Austin as one of the top five markets in the country for having the most stable growth over the past 25 years. “The Austin housing market is among the hottest in the country, but unlike many other hot markets, Austin isn’t recovering from a major bust.”
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