I always like to point out to realtors that they represent both buyers and sellers. They seem to act like they only represent sellers because they are loath to discuss the market down-cycle realistically...hence this blog. Anyway, for buyers, Austin's struggling market is great news and I want you to call honest realtors have have them make offers for you!
I came across Bill's blog post on building permits today and I thought I'd share it with you. He tells it like it is.
- Mr. Bubble
Much of what I have written about the “state of the market” in and around Austin has focused on resale homes. New construction is obviously an important part of the market, and it’s a great barometer for confidence in the local economy, job growth, investment opportunities, etc.
This chart summarizes residential building permits issued from January 2000 to January 2010:
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Bill is a very good agent. I have worked several deals with him.
ReplyDeletePaul Smith.