Many markets are doing very bad, or just mediocur. Austin, TX has been fairly stable, and has also been picking up a lot of activity recently.
According to the Austin Board of REALTORS®, they're getting another 2-3 members for each one that drops off the radar. As we weed out the ones who can't sell dirt, there are 2-3 new people who think they can.
I asked why they think there are so many new members joining, and the response? It's the California people.
The people I have spoken with at the board say that many of the new members are new, relocation people, mostly from California. I guess lots of people just threw a tack at the map on the wall and decided to pick up and move.
My first thought was once they sell that first house at $150,000, they'll give back their license if they're used to those $1M buyers!!! Our prices are drastically different than CA, but we'll see what happens.
Membership is almost at 9000 members again and it had only dropped below that for a very short period.
**Are You Packed Yet?**
Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.