Hill Country Austin TX Real Estate shows over and over again that we're in a good place in the market. Are we as strong as we were a year ago? Not quite... but look at the chart below to tell you some of the story.
In the Third Quarter in 2008, the market was very strong. There were well over 6000 units sold through Hill Country Austin TX. Fourth quarter last year was not a fun time as interest rates spiked and mortgage criteria changed on a daily basis. That was then followed by the First Quarter of 2009, trying to get out from under some rocks, but consumers were scared.
First Quarter of 2009 also saw the least amount of sales in several years.
However, things have changed! The Second Quarter of 2009 shows about 5500 units being sold, which is almost as much as Third Quarter of 2008.
I can't wait to see what happened in the Third Quarter as yesterday was the last day, but I can't imagine the number going down. Sales had to of gone up because consumer confidence continues to go up. The $8000 tax credit didn't hurt either, but that's not where even fifty percent of the sales have been.
Stay tuned for Third Quarter stats of Hill Country Austin TX Real Estate as I'll post them when they're available, hopefully in the next couple of weeks.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin TX Real Estate and the
surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park,
Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in
between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
For real time Austin MLS listings, click here.
** #1 Agent in my Office for all of 2008 **
All my blog posts were first published on donnahomesblog.com.
Copyright© 2009 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Hill Country Austin TX Real Estate - Sales Have Increased *
Hi Donna - Your graphs look a bit different from ours here in the Sacramento area, but we are starting our turnaround, and it is a great time for buying a home here. Inventory is not so full of the trashed REOs as they were for awhile, prices are still reasonable, interest rates are low, and consumer confidence is growing. My own business has been heating up in the last couple of months with buyers and sellers.
I see you have implemented some key tools Awesome.
Susan, Good to hear your market is heating up too!
John, Yes, just trying to spread the word!