As home prices continue to decrease the number of active properties do as well. There are currently under 10,000 active listings in the Austin area for the first time since 2004.
With the shortage of inventory it is getting harder and harder for qualified buyers to find quality porperties. Also as we get closer to the end of the first time home buyer (8,000) and move up buyer (6,500) tax credits competition for the best properties will continue to increase.
Now is the time to Buy!
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