Austin Housing Market
The Austin housing market is one of the top five in the United States. Texas as a hole is a great place to invest with its steady market and continually growing economy. Why risk your money with unstable markets? Over the past 3 years Austin’s average house has increased by $6,300. While compared to the United States average decline of $47,333. Austin area homes are more affordable when comparing the mortgage cost to income. The national average is 22.6% while Austin is around 12.2%.
Thinking of relocating to the Austin area? Besides boasting one of the best housing markets, the job market is very stable as well. Unemployment rates at 7% versus the U.S, average of 9.7%.
|