Texas State Comptroller’s office has a great website to check in on the economic forecast for the state of Texas. It has information about demographics, work force, and housing. We keep hearing that the national housing market is pretty flat, but Texas housing is still strong. In fact, the Austin housing market is strong. Take a look at the website at http://www.texasahead.org/insight/housing.html
Here is some info that it provides:
1. Texas is affordable. A 2006 census study shows that the median home price was $114,00. That is the least expensive of the the top 10 most populous states!
2. An article from Forbes in 2007 shows that Austin and Dallas are 2 of the most affordable cities despite rapid growth.
3. In 2008, Texas was one of the only states that saw a decrease in foreclosures.
Check out the website for more info. Texas is a great place to live. Austin is a great place to live in a great state. Join me and about 60-65% of Texans and buy a home. I’ll help you do it! Bob 512-699-0786
