Kiplinger names "10 Best Cities For The Next Decade"...Austin, TX #1

Farmers' Markets booming in central Texas

Find Affordable Housing

Texas Home Programs provides a summary of housing-related programs for homebuyers in the state of Texas. A number of programs provide homebuying assistance to individuals based on income.

http://www.txhomeprograms.org/

Austin real estate sales volume surges, prices remain stable

According to the Multiple Listing Service (MLS) report by the Austin Board of REALTORS®, the volume of Austin area home sales in March 2010 was 1,784, up 27 percent from the same month in 2009. The median price of real estate in the Austin area remained unchanged in the same time period at $180,000.

“Though we’ve seen increases in year-over-year sales volume consistently in recent months, it’s likely this substantial increase in volume is related to the impending expiration of the homebuyer tax credits on April 30,” said John Horton, Chairman of the Austin Board of REALTORS®. “What’s most encouraging, however, is that in the midst of this increase in sales volume, our real estate values have remained steady, which bodes well for the long-term value of real estate in Austin.”

Sales of condos and townhouses were particularly strong in March 2010, increasing by 129 percent to 215 sales as compared to March 2009. This follows sustained increases in demand for this property type since September 2009 and a year-to-date increase of 86 percent.